Wednesday, March 18, 2020

How to read the Coronavirus Stats between the lines

Source: https://www.worldometers.info/coronavirus/
Click on the image to enlarge



Highlights...




1. As of 3/18, the worldwide cases have escalated to 215K, with China still leading at 81K, followed by Italy at 36K, Iran at 17K, Spain at 14K and Germany at 12K. After a meteoric rise through the end of February, China has been flatlining without any significant rise in cases or deaths.

2. The death toll has risen to nearly 8,885, with China and Itlay owning the lion's share of 3,237 and 2,978, respectively. The death toll of 8,885 represents 10% of the closed cases, which has seen a steady rise since the middle of the last month when it had registered at 6%.





3. Italy and Iran have been registering very high death rates of 8.34% and 6.54%, respectively. Since China has totally tapered off, its death rate has been holding steady at 4%, though the death rates of Spain, France, the Netherlands and the UK are rising rapidly. South Korea has done a great job in keeping the death rate extremely low.

4. The fact that China's infection and death rates have been holding steady is further evidenced by its exceptionally high recovery rate of 86%. Iran's recovery has gotten better lately. Conversely, the hard-hit European countries have so far very low recovery rates, proving that their drugs and therapies are still at the experimental stages.


Data Source: https://www.worldometers.info/coronavirus/
Click on the image to enlarge
5. Last week, New York had eclipsed Washington in total cases. Today, it is closing in on 2,500 cases. Of course, it has still fewer deaths than that of Washington. California's cases are also on the rise, while Florida has been inching up, along with New Jersey, Louisiana and Massachusetts.

- Sid Som, MBA, MIM    
President, Homequant
homequant@gmail.com

Also read:
The Initial Interview
Universal Basic Income     
Phasing out Income Tax


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