Sources:

Population 79,000; market watch article above

2%: https://www.theguardian.com/world/2020/feb/25/what-is-coronavirus-symptoms-wuhan-covid-19 and http://www.cidrap.umn.edu/news-perspective/2020/02/study-72000-covid-19-patients-finds-23-death-rate

I want to understand if the numbers being reported from various sources are correct or not.

Fact coronavirus kills 2% of the world population

Question is it actually 2% or are they under reporting the cases reported?

Cases reported at least 79,000 world wide

Estimated death toll percentage: 2%

Reported deaths: 2622 people

Test A

x is the population of people who are infected

2622 is the reported number of deaths

0.02 is 2% is the reported percentage of infected that die from the virus

x0.02 = 2622

(x0.02/0.02) = 2622/0.02

x = 2622/0.02

x = 131,100

Conclusion: Either it's not 2% or the population is misreported; if it's 2% then the population is 131,000 not 79,000 reported by the news.

Thus given the population differences, we can calculate how much lower the 79,000 is then the un reported number; 60.2%. 79000/131100 = 60.2%

Test B:

Now lets figure out with the 79000 population what the correct death rate is:

x is the percentage of deaths we're looking for. 79,000 is the reported population from the article

2622 is the reported number of deaths

79000 * x = 2622

(79000 * x)/7900 = 2622/79000

x = 2622/79000

x = 0.033

Conclusion: Thus given 79,000 we can reasonably estimate that the media is lying to us (or using bad math) and the death toll percentage is 3.3% of the infected cases.

Conclusion of both numbers:

1. Either 3.3% is the true percentage of people who will die from the virus

2. Or the population of infect is much larger then what is being reported