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Confirmed Coronavirus Cases Is an ‘Almost Meaningless’ Metric

March 29, 2020 03:00AM
Key points quoted. But read the whole thing.
[finance.yahoo.com]

Quote

It doesn’t matter that the United States surpassed China this week in reported Covid-19 cases because those numbers (83,507 and 81,782 respectively as of March 26) don’t tell us how many people actually became infected in either country. Nor do they tell us how fast the disease is spreading, since only a tiny portion of the population in the United States has been tested.

The numbers are almost meaningless,” says Steve Goodman, a professor of epidemiology at Stanford University. There’s a huge reservoir of people who have mild cases, and would not likely seek testing, he says. The rate of increase in positive results reflect a mixed-up combination of increased testing rates and spread of the virus.

We will need more complete data, smarter data and more coordinated data to communicate something meaningful about the extent of Covid-19 in the United States, how many people are likely to die, which hospitals are likely to be swamped and whether drastic changes in the way Americans live will start to slow down the spread of the virus.

Quote

Stanford’s Goodman said that he’s confident scientists will eventually collect the data we need to understand this pandemic and how it’s playing out in the United States. “Right now we are floundering in a sea of ignorance about who is infected and the fate of people who are infected,” he says.

Though death rate figures of around 1% have been tossed around, Goodman says he’s skeptical that anyone knows the death rate of this disease since we don’t know the true rates of infection.
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