Oye! Never heard of that. I think that some schools use more of an eyeball approach. Are the scores at least above a certain minimum? What is the minimum seems to be a moving target as scores of the matriculants seem to go up every year. If so, does the student have research experience, interesting ECs, a good PS, LORs that don't raise questions about ethics/values/integrity. The student then gets a score based on whether they are average compared to the current student body, above average or below average. Usually the above average get invited to interview first and some of the average.
That formula that the original poster used was described as being the way the USF COM calculates Gpa and mcat.
They look for a total of 37 pts for gpa (3.7) and 30 for MCAT. So that would be 67. This is what REL told a former roommate of mine that is now at FSU COM.
I've seen that formula mentioned on this board as well.
However, that said, as you probably know.....
It depends on the school.
Miami for instance uses the following to rank you out of 110 pts.
50 pts = MCAT + GPA (probably by the same formula mentioned above)
20 pts = direct clnical contact
15 pts = diversity of life experiences (Your ECs/Work/activities section)
15 pts = letters of recommendation
10 pts = adversity faced in life (I.e. did you come from a disadvantaged background???)
Based on this 110 pt scale, they rank all applicants to determine who they will give an interview to. Once you receive the interview, they then reevaluate the interviewed applicants and make decisions. Generally, they accept 3 out of 4 inteviees. So you have a 75% chance of getting accepted if interviewed.