Essentially the midpoint of that range is the 50th percentile. So 33.5 is the 50th percentile. 32 is the bottom of the 25-75 range – so 25% of the applicants have lower scores than a 32. You want to be at the 50% mark or better to consider a school a match, BUT schools with low overall acceptance rates still may not be a match because they get a lot of qualified applicants, and even those with good scores are often not accepted.