Number of Confirmed Cases Doesn't Matter—Here's What Does
Hysterical headlines scream about the number of new coronavirus infections every hour. This is a mistake. Ignore those headlines. Number of confirmed cases will rise as number of people tested rises. If we tested everyone for the flu, the number of confirmed flu cases would be astronomical. Doing some casual analysis, it’s pretty obvious what drives the death rate: the number of hospitalizations in a given geographic area. Last week I pointed out that mean averages are meaningless, even destructive if used to project into the future.
Source: https://www.hennessysview.com/posts/2020/number-of-infections-doesnt-matterheres-what-does/
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