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> Because there should still be a natural distribution. Even if you are evaluating the cream of the crop.

Why should there be? Let's say all students in the class are A students, and would get an A in any other class, then some now get a B or C just because their classmates happen to be even better?

It seems to me that doesn't really reflect student ability very accurately.




just because their classmates happen to be even better?

In theory, getting top marks at a top school means you are the best of the best, in a literal sense.

Or in different terms, is a "B" at MIT better than an "A" at a third tier?




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