<p>tk, unfortunately, I have seen no evidence that statistical data can accurately determine institutional quality because there isn’t a standardized system that is properly observed and audited. Universities have different ways of listing SAT/ACT ranges, of classifying classes and class size, of calculating student to faculty ratios, of calculating financial resources, even of classifying alumni giving rates. Many universities have been playing the rankings game by manipulating statistical data. </p>
<p>At any rate, even if the data were reported in a uniform and standardized manner across the entire range, it would still not give a complete picture. But as it stands, statistical data is completely worthless.</p>