It sure will! this data doesn't take into account how popular a given commander is.
If 10,000 people have Zedruu the Greathearted commander decks, and 5 people have a Teferi, Archmage of Zhalfir
commander deck, and they both run Mulldrifter, but Teferi doesn't run The Reality Chip, then Mulldrifter will have 2 instances,
and The Reality Chip will only have 1 instance, even though the Reality Chip sees probably 2000x play.
Once I can develop a more sophisticated way of accessing EDHRec's commander data, I would love to add some additional
analytics, but for the time being, this should give you a good idea versus a random sample of commanders. If this is something
important to you, or something you'd like to see, please let me know on the contact page!