
COVID-19 Case Fatality Rate (CFR) is easy to estimate: CFR=deaths/cases. Regression forecasts of COVID-19 cases and deaths are easy but complicated by variants and nonlinearity. Epidemiologists use SIR models (Susceptible, Infectious, and “Removed”) to estimate Ro. These are baseball statistics. Reliability people need age-specific reliability and failure-rate function estimates, by failure mode, to diagnose problems, recommend spares, plan maintenance, do risk analyses, etc. Markov models use actuarial transition rates.
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