"Coronavirus may have infected half of UK population — Oxford study"
Remember that media headlines don't lend themselves to nuanced interpretations. A few words of caution...
ft.com/content/5ff646…
A key parameter in the model is ρ, which is the proportion of the population at risk of severe disease. Their prior distributions are set around 0.1% to 1%.
dropbox.com/s/oxmu2rwsnhi9…
Fixing the number of observed deaths, if most cases are mild, then we have missed more infections. (Think -- bigger iceberg.)
"Overall, these results underscore the dependence of the inferred epidemic curve on the assumed fraction of the population vulnerable to severe disease (ρ) showing significant population level immunity accruing by mid March in the UK as ρ is decreased."
So please be cautious when interpreting headlines, particularly where those headlines may inform policy decisions. END