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<p>That’s incorrect. H and Y and P decisions are independent, in every sense of that word. Probabilities of those decisions can be multiplied. This means that the “wrong” calculations tokenadult has so repetitively FAQ-ed about, were correct all along. </p>
<p>This is all a very different matter from the one you’re talking about, which is whether, given Harvard and Yale admission results (for one applicant or for all of them) we can draw conclusions about the Princeton results. The subject of the totally wrong FAQ was a specific type of calculation that does not proceed from any aggregated outcomes. </p>
<p>The only thing that is sometimes wrong in the argument is the set of probabilities that a particular applicant inserts into the calculations when using them to make strategic decisions as to whether more applications will make a difference. But the inability to know or, in many cases, to estimate, an individual’s probabilities at the time of application is another argument for the correctness of the strategic conclusions.</p>
<p>For example, I have argued here that a majority or near-majority of the 30000+ applications to Harvard and Stanford have a probability of literally zero (the schools are fleecing the applicants) and similar but only slightly less extreme fractions hold at the other top ten schools. The real selection is of 2-4000 from a pool of 6000 to 15000 remotely plausible candidates. However, if you don’t think that is necessarily correct, and are willing to send in a 60-100 dollar donation to the admissions office as a lottery ticket, the same logic leads to buying more tickets at the other schools, too. For applicants in all other probability ranges, chances that sending eight applications instead of two will make a difference, that is, the chance that one or more of the added attempts will come up “ADMIT!”, can be substantial. </p>
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<p>There are no underlying variables, and nothing to vary. The variables in question are constant; we are considering a single applicant. The only random variation implicit in this problem is random fluctuations in the outcome for a given applicant were the entire process to be re-run (on the same set of applications) over and over. i.e., a fixed admissions probability for each school. This probability is applicant-dependent but we are not varying the applicant. Rather, each applicant guesses his own probabilities, or considers several scenarios for what these probabilities might be, and makes his own calculation, using the correct method that tokenadult has FAQed as being “wrong”.</p>