Economics 321

Assignment #2: Admission Dean for a Day

Results Summary

Students admitted

The following table shows Jon's (undoubtedly precise) assessment of the probability of each student enrolling if admitted and the number of our "deans for a day" who chose to admit each student in the set. Our discussion on Wednesday evening will focus mostly on those "on the bubble" with 4-8 choosing to admit.

Name Prob of matric if admitted
# of deans admitting
Carrie Allode 0.5 9
Ivana Billet 0.75 4
Abel Booker 0.3 4
Brad Brooks 0.75 4
Chad Brooks 0.75 12
Lucy Cannon 0.5 9
Phillip Carr 1 3
Lewis Clark 0.2 7
Iona Crane 0.1 7
Juan de Griz 0.05 11
Sharon de Witt 0.25 7
Ellis Dee 0.75 6
Alexis Driver 0.25 3
Lynn Field 0.15 0
Kat Fix 0.5 6
Ali Gayshun 0.2 12
Fawna Green 0.5 9
Reed Griffin 1 7
Berkshire Hathaway 0.1 9
Polly Hester 0.5 8
Max Joiner 0.15 9
Sue Keeney 0.4 6
Luther King 0.1 11
Ima Klutz 0.5 4
May B. Knott 0.1 12
Tennaby Lait 1 4
Reza Lamb 0.8 5
Cara Lott 0.25 4
Willy Lowe-Marks 0.25 5
Art Major 0.6 2
Geri Manders 0.5 4
Sally Manders 0.9 11
Ima Maugham 0.6 6
Phillip Morris 0.6 3
Annie Mulhouse 0.1 4
Adam Mupp 0.1 7
Ophelia Payne 0.2 2
Robin Plunder 0.7 11
Andre Preneur 0.25 5
Anna Rekcik 0.5 9
Willy N. Rolle 0.1 9
Wanda Singh 0.3 12
Norm L. Smart 0.25 8
Harold Square 0.25 6
Washington Starr 0.05 11
Tad Strange 0.6 0
Shirley Will 1 8
Narian Wong 0.1 11
Les Wright 0.75 3
Warren Zinner 0.1 5

 

Expected outcomes vs. targets

The table below shows how close the expected outcomes for each "dean for a day" came to hitting the established targets of 12 matriculating students and $200,000 of aid expended.

Admission Dean # Admitted Exp Number in Class Exp Aid Needed
Target
12 $200,000
Casey Anderson 29 10.60 $148,500
Jonathan Calenzani 27 10.50 $122,000
Katherine Chen 20 7.10 $119,500
Lauren DeRosa 30 11.75 $153,000
Zach Horváth 29 11.30 $172,000
Sean Howard 31 12.45 $201,000
John Iselin 28 10.35 $144,500
Kirin Kachroo-Levine 36 12.60 $199,000
Michael Kincaid 28 11.50 $238,500
Daniel Ku 20 7.40 $115,000
Shabab Mirza 28 11.95 $200,500
Ben Sutphin 28 8.30 $153,000

 

Name Prob # admit
Carrie Allode 0.5 9
Ivana Billet 0.75 4
Abel Booker 0.3 4
Brad Brooks 0.75 4
Chad Brooks 0.75 12
Lucy Cannon 0.5 9
Phillip Carr 1 3
Lewis Clark 0.2 7
Iona Crane 0.1 7
Juan de Griz 0.05 11
Sharon de Witt 0.25 7
Ellis Dee 0.75 6
Alexis Driver 0.25 3
Lynn Field 0.15 0
Kat Fix 0.5 6
Ali Gayshun 0.2 12
Fawna Green 0.5 9
Reed Griffin 1 7
Berkshire Hathaway 0.1 9
Polly Hester 0.5 8
Max Joiner 0.15 9
Sue Keeney 0.4 6
Luther King 0.1 11
Ima Klutz 0.5 4
May B. Knott 0.1 12
Tennaby Lait 1 4
Reza Lamb 0.8 5
Cara Lott 0.25 4
Willy Lowe-Marks 0.25 5
Art Major 0.6 2
Geri Manders 0.5 4
Sally Manders 0.9 11
Ima Maugham 0.6 6
Phillip Morris 0.6 3
Annie Mulhouse 0.1 4
Adam Mupp 0.1 7
Ophelia Payne 0.2 2
Robin Plunder 0.7 11
Andre Preneur 0.25 5
Anna Rekcik 0.5 9
Willy N. Rolle 0.1 9
Wanda Singh 0.3 12
Norm L. Smart 0.25 8
Harold Square 0.25 6
Washington Starr 0.05 11
Tad Strange 0.6 0
Shirley Will 1 8
Narian Wong 0.1 11
Les Wright 0.75 3
Warren Zinner 0.1 5