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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 421.32-0.5%Jan 16 4:00 PM EST
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To: Julius Wong who wrote (153513)2/23/2020 7:51:41 PM
From: SirWalterRalegh  Read Replies (1) of 219477
 
Coronavirus Cases: 78,999
Deaths: 2,470
Recovered: 23,453

It is very misleading when estimates are given down to a single digit.
If the "authorities" said there were 23,000 recoveries it might seem more accurate.
As it is, I think all the Chinese estimates are grossly inaccurate (understated).

When I was studying math (calculus) we examined the implied accuracy of stated figures.
See below for an example:

Implied Precision For example, a measurement of 23.534 implies that the maximum error is correct to at least 0.0005. Alternatively, it may be convenient to write down a measurement with the maximum error explicitly given: 23.534 ± 0.012, implying that the actual answer lies in the interval (23.522, 23.546).
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