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Another study done by Stanford university in the Bay Area yielded similar results, but received a lot of criticism. If this is an accurate depiction, considering there have been 732 COVID-19 deaths as of today, that would put the actual mortality rate at anywhere between .16 to .3%, which is relatively on par with your standard influenza depending on the season.
Here is the link to the Stanford study which discusses the criticism both studies are receiving regarding their methodology
The coronavirus outbreak in Los Angeles County is believed to have infected at least 200,000 people by early April, which would far surpass the number of officially confirmed cases, according to a report on Monday.
A large scale study by the University of Southern California and the Los Angeles County Department of Public Health found that 4.1 percent of the county’s adult population has antibodies to the virus in their blood, which is an indicator of past exposure.
Based on the county's population, that means that between 221,000 and 442,000 adults in the area have previously been infected, the study estimated.
Testing shows hundreds of thousands in LA County may have been infected with coronavirus
The coronavirus outbreak in Los Angeles County is believed to have infected an estimated 28 to 55 times more people than originally thought, according to a report on Monday.www.foxnews.com
Here is the link to the Stanford study which discusses the criticism both studies are receiving regarding their methodology
Scientists Widely Criticize Studies That Claim Coronavirus Death Rate Could Be Far Lower Than Believed
“This pandemic has been one giant [statistics] class for everyone.”
www.forbes.com