Australia's largest stock trading and investment forum Australia's #1 stock forum

Six months....impossible, page-147

First 147 Last

Share
Profile

Follow
poyndexter

38,355 Posts.

439

04/04/20

22:00

Post #: 43882590
Share

Originally posted by madamswer: ↑

“Please tell me any possible way the Australian data and the South Korean data is wrong. It is just not plausible.”

It is wrong to the extent by which the total number of actual cases (i.e, reported cases as well as unreported cases) differs from only the cases that are reported.

You must be innumerate not to understand that.

Take your example of NSW where you calculate the mortality rate as 1.1% (derived, seemingly by dividing 28 deaths by 2,493 cases).

But we know that there are numerous cases that are asymptomatic or just mildly symptomatic that do not get reported/recorded.

So there have been more than 2,493 people infected in NSW.

Ergo, the true mortality rate calculation becomes:

[28 deaths divided by (2,493 reported cases + XYZ number of unreported cases)]

Your mortality rate estimate is based only on the number of cases that come through the medical system; it fails to account for the cases (however many they are) that go unreported and are therefore not documented.

Same thing for all countries.

Expand

Hi Madam

Worldometer Coronavirus have updated their stats table today to include numbers and rates of testing ... it puts things in perspective ... but still, how tests are targeted is important.

Dex
1 Upvote

Reply

Top Stories

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

US election outcomes: Key economic and market takeaways

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

First 147 Last

SPONSORED BY