Replies to post #69915 on Decision Diagnostics Corp (DECN)

[pastrychf05]

What are closed cases? Only the cases where people have been tested and out of those the number of people that have actually died, right?
But, how can that give you the true mortality rate of the virus, if the majority of people INFECTED with the VIRUS show no symptoms and have not been tested yet? You are just not going to count those people?
That would not give you the true numbers for the mortality rate - far from it!
So, as bad as the situation is right now and the number of people that are dying is terrible, the mortality rate of this virus is much lower than what’s being reported, because very few of us have been tested, so you don’t know the true number of individuals who have been infected - much, much, higher than what’s been reported.
Just because you don’t show symptoms, doesn’t mean you haven’t been infected.
The only way to know, is to test everyone - then you’ll get the true mortality rate.

[rawman]

If one wants to find real mortality rate, shouldn't one rely only on closed cases?

The Mortality Rate ultimately gets to that point, when one adds a time parameter, i.e. one year, one month, one week, one season, etc. Basically it becomes, how many deaths this year out of how many cases this year. It may not be perfect, but close. As to the validity, the variables, and categorization, etc., sorry, not my calculation.

[JMMatthews]

It's like batting average in baseball: average = number of hits divided by total number of at bats (e.g. 50 hits on 150 at bats = .333 batting average)
The mortality rate of COVID19 is the number of people who died divided by the entire number of people who are known to have contracted the virus (positive test). Italy, for example, has 19,468 deaths from 152,271 known cases atm for a mortality rate of 12.8% (seriously sad) https://www.worldometers.info/coronavirus/#countries

Accurate measure of this is only possible with mass testing that is very reliable with small margin of error, so these numbers are suspect but probably close imo

Why would one rely on total number of cases? Somehow it doesn't feel right. If one wants to find real mortality rate, shouldn't one rely only on closed cases?

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