tomwatts wrote:hlsperson123 wrote:TripTrip wrote:stats.
Thanks TripTrip for yet another amazing stats post! Though there may be a confounding factor: students on HLR might have bid more selective firms than they otherwise would have given their grades.
Yeah, I was wondering what variables your dataset has. Do you have, for an individual student, grades + offer from specific firm (yes/no) + HLR (yes/no)? If so, you should be able to compare whether a given firm is more likely to take someone given HLR. If it's just grades + number of offers, not so much.
Yes, and absolutely that's confounding. Also more competitive students tend to bid on fewer firms, which allows them to focus on preparing for the interviews they do have. There are a lot of variables at play here.
Yes, I can separate out by firm and look for HLR utility among the more selective firms. I haven't done that yet, but it's a good idea. My intuition says it will matter at e.g. Susman but not Cravath, but I'll report back if I end up doing that analysis.