What does this mean???

<p>Well I think they mean that the size of the graduating class of 2013 will be 2600; it doesn’t necessarily mean that only 2600 students were accepted… It should be considered that some kids who applied and accepted probably rejected the offer and went to another school instead, and so there are the waitlisted kids and all that, who were technically ‘accepted’. 'cuz like you said, the acceptance rate can’t possibly be 7.4%. Right?</p>