On a simple mathematical basis, this is false. Consider two groups of candidates for a scholarship, A and B. We want to select all candidates that have an 80% or better chance of graduation. Group A comes from a population where the chance of graduation is distributed uniformly from 0% to 100% and group B is from one where the chance is distributed uniformly from 10% to 90%, with the same average but less variation i…
Great insight. I had the great fortune to take a course with Gary Becker where we went into some of the mathematics of college admissions. He made this precise point -- the variances of the particular populations you are looking at matter a great detail. He managed to build some pretty convincing models which provided a compelling narrative for "biases" that we seemed to observe in the real world, all with simple cha…
Lucky you. He was great. I never had the chance to take a class from him but it would have been worth a Chicago winter to have the chance.