These results confirm something we already knew: The COVID-19 infection fatality rate—deaths as a share of all infections—is much lower than the crude case fatality rate—deaths as a share of known cases. That is bound to be true when testing is limited and a virus typically produces mild or no symptoms. At the same time, the CDC's antibody studies imply that efforts to control the epidemic through testing, isolation, quarantine, and contact tracing will not be very effective, since they reach only a small percentage of virus carriers.
Monday, June 29, 2020
… CDC Antibody Studies Confirm Huge Gap Between COVID-19 Infections and Known Cases – Reason.com.