<p>Any data, admission or otherwise, that is not audited should be taken for what it is. The average applicant applies to 5 schools, gets into 2 or 3. Because they can only choose one school, the average yield can only be around 30-50%. Never heard of kids applying to just one school. Also, the number kids rejected (not claimed to be reporting / under-reporting on CC) won’t affect the yield.</p>