Hello everyone, I have few questions: how does the admission system work? Does the adcom admit a more students than the number of seats and has a waitlist over and above it OR does it admit only as many students as the number of available seats and has a pool of alternative candidates, lest someone declines their offer? If the answer is the former, typically how many admissions would they grant for 200-240 seats and how many would they put on the waitlist? Also, are the waitlist candidates rank ordered?