How different are papers that are "in draft", "in review", and "pending publication" for graduate school application?
I have a research paper that's already drafted, but my PI is aiming for a high-profile journal, so he wants me to address all foreseeable questions about the method I'm about to propose, which means I need to do some supplementary experiments. But this way my paper can't be submitted at the time of my application, and I will have no objective proof about the significance of the work.
Or alternatively, I could submit my draft and wait for the reviewer's opinion, so I can put mark the paper as "in review". This will serve as a proof that my work is mature enough to be seen by others. But is it worth it?
By the way, I'm an senior undergraduate, and I got another paper in draft, but definitely won't be submitted before January. And both drafts are at the stage where they're fit to be reviewed by the admission committee. Besides my supervisors for both projects are listed as my recommenders, and should be able to vouch for me if contacted.