– How is the <1% fatality rate reported in some media for COVID-19 calculated?
Looking at the numbers as of now, there have been just over 88,000 cases and 3,001 deaths in the COVID-19 outbreak so far. This gives a fatality rate of around 3.3%. When looking at cases which have been closed (either recovered or died), the rate is closer to 7%. This seems hard to reconcile with the media reports saying the rate is below 1% and at worse maybe 2%?