
When will 20 lakh people have contracted A/H1N1 ("swine flu")?
The CDC released a report today that said there were a minimum of 1.8 million and a maximum of 5.7 million of the infected in the United States through July 23rd. Although this isn't a WHO report, the WHO relies on each country's CDC/health ministry to give them those numbers.
http://www.msnbc.msn.com/id/33536458/ns/health-cold_and_flu/
Background:>

I stumpled upon a headline this morning on a Mumbai-based news website which intrigued me: "Twenty lakh people may get swine flu: WHO" The article was referring to the World Health Organization's (WHO) May 7th pronouncement that up to a third of the world's population could eventually contract Novel Virus A/H1N1 2009 (aka "swine flu"). The thing is, a lakh is a unit in the Indian numbering system equal to 100,000...meaning the headline writer got it wrong; s/he should have written "20,000 lakh people may get swine flu".
Now that's a lot of people.
There seems to be lots of doubt as to whether such a high number will ever be reached, and looking at the current numbers, that's a credible doubt; after all, nearly two weeks since news of the flu's pandemic possibilities broke, only about 32 one-thousandths of a lakh have contracted it world-wide. But remember this: just 10 days ago, the U.S. was reporting fewer than 50 confirmed cases, and those were confined to five states; the disease has now officially infected well over a thousand Americans in 42 different states. Globally, 12 days ago the virus had been found in just two countries, both in North America; today there are thousands of confirmed cases in 24 countries on five continents, and suspected cases in a dozen more on six continents.
Now that's a lot of growth.
So, given that epidemics and pandemics tend to spread exponentially--that is, every person tends to infect more than one other person, so one gives it to, say, two, and those two in turn give it to four, who give it to eight, and so on--there exists the very real possibility that the "swine flu" could continue to spread rapidly (in fact, epidemiologists and virologists are banking on it). This market wants to know how rapidly: when will the 20 lakh people of the bad-math headline actually have the flu? That is, when will the WHO announce that 2,000,000 humans--just 0.0295%, or 295/10,000ths, of the entire human population--have contracted the virus?
Twenty lakh people may get swine flu: WHO (Mid-Day.com)
WHO says up to 2B people might get swine flu (AP)
Lakh (Wikipedia)
Settlement details:As reported by the World Health Organization (WHO). If and when cases of the infected reach certain levels, the WHO will likely no longer publish precise numbers; they will, instead, begin referring to the estimated numbers of infected in each of the six WHO regions (http://upload.wikimedia.org/wikipedia/commons/c/c1/World_Health_Organisation_regional_offices.PNG). Only if the total has reached or surpassed 2,000,000 prior to the final suspend date will this market settle.
| On or before June 30, 2009 |
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| Sometime during July or August, 2009 |
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| Sometime during September or October, 2009 |
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| Sometime during November or December, 2009 |
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| Sometime during the first three months of 2010 |
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| Sometime during the second three months of 2010 |
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| Sometime during or after July, 2010...or never |
|
- Activity: H$47,610 |
- Predictions: 65 |
Comments: 20
Suspend date: Mon 28th Jun 2010 11:59pm PST (31 weeks to go)
Settlement date: Fri 30th Oct 2:09pm PST
Initial likelihoods: On or before June 30, 2009: 3%, Sometime during July or August, 2009: 6%, Sometime during September or October, 2009: 9%, Sometime during November or December, 2009: 12%, Sometime during the first three months of 2010: 16%, Sometime during the second three months of 2010: 20%, Sometime during or after July, 2010...or never: 34%
Action history:
Taiwan: 38,000 - http://www.etaiwannews.com/etn/news_content.php?id=1040794&lang=eng_news&cate_img=logo_taiwan&cate_rss=TAIWAN_eng
Japan: 110,000 - http://english.chosun.com/site/data/html_dir/2009/08/26/2009082600415.html
Malaysia: 140,000 - http://news.asiaone.com/News/Latest%2BNews/Health/Story/A1Story20090825-163197.html
Thailand: 1,000,000 - http://www.nationmultimedia.com/2009/08/29/national/national_30110967.php
United States: 1,000,000 - http://www.google.com/hostednews/ap/article/ALeqM5hjdCHrP82YTFser5vD6CzTK1az6wD9AD8GIO0
Just those alone take the total to about 2.29 million...and that list includes only 5 of the 175 nations in which the virus has been found, and it doesn't include very hard-hit Southern Hemisphere nations--such as Argentina (300K), Chile (300K), Brazil, (800K), or Australia (1 million+)--or any of the European countries (the UK is thought to have had at least a quarter-million cases already, if not more.
In just the city of New York alone last spring--before the pandemic really took off--there were an estimated 800,000 cases.(http://www.myfoxny.com/dpp/health/swine_flu/090831_Swine_Flu_New_Yorkers)
I can provide many more MSM references, if you'd like, but the market states the WHO is the settlement source. Now, WHO is compiling confirmed and estimated case stats presented by different nations, but they haven't yet--that I've found or heard--released those totals in aggregate form. I'd be good with suspending this one until that happens. The fact is, total global cases of A/H1N1 surpassed the 2,000,000 mark sometime in the past sixty days. WHO knows this; we just need them to say as much. (market suspended)
http://www.msnbc.msn.com/id/33536458/ns/health-cold_and_flu/ (market suspended)
http://www.msnbc.msn.com/id/33536458/ns/health-cold_and_flu/
Suspend date: Mon 28th Jun 2010 11:59pm PST (31 weeks to go)
Settlement date: Fri 30th Oct 2:09pm PST details
Predictions (65)
Comments (20)
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Am very impressed with your interest and ability to figure out these numerics. I haven't checked them myself yet, but in glancing it over, it looks reasonable...
Great job. I am going to have to send my math problems over to you.
good luck with your question..
in seeing the title, i figured the lakh was some rare tribe i had not heard of,ken
i suppose you only reqire 20, mea culpa say what you mean
Sorry to rain on your parade, sqlman. Mea maxima culpa!
"notwithstanding you impressive math computations,"
Ah, thanks, but the math was easy. :-)
"I will argue that the answer is never."
So put some cash on option #7. :-)
"The health authorities will soon give up trying to document swine flu cases."
Not true. As I've stated, if this thing continues to grow, the WHO will, of course, switch to bulk rather than precision reporting of numbers. That is, you won't likely see a WHO press release stating, "WHO confirms 872,316 cases of A/H1N1 in the South African Region". More likely, you'll ready "WHO says there are more than 850,000 cases of A/H1N1 in Africa." That being said, though, one of the WHO's reasons for being is monitoring pandemic activity; if this keeps growing--which it has every indication of doing for now--they by decree will be following its spread with great interest. On top of that, the WHO really has no idea what to expect. Yes, the flu could die down and disappear a month from now; that is very possible. Or it could keep growing and growing into a truly global pandemic. Or it could appear to fade, then quietly simmer through the Northern Hemisphere summer, only to return in an even deadlier, more virulent form come fall. It's that not knowing what could happen that will keep the WHO on top of this.
"If enough of them are occurring, it would be too costly and unnecessary, since the bug is no more virulent than seasonal flu."
Perhaps no more virulent than the seasonal flu...but, again, very unknown; it's a new twist on a bug that epidemiologists and virologists are watching quite closely.
"...excitement is dying down, the story will peter out."
The mainstrame media, of course, will focus their attention elsewhere, and the people will follow suit. That's to be expected. But the WHO isn't driven by ratings or viewership; their singular job is to protect the health of the planet's growing population, so they'll be watching even if no one else is.
"Containment is no longer possible,"
With this I--and every credible epidemiologist and virologist in the world--agree. That's also a HUGE worry...
"...and given its relatively mild nature, unnecessary."
The Spanish Flu pandemic that killed tens of millions last century began as a mild virus in a few midwestern states, and it barely made the news. Of course, it came roaring back in the fall to become the killer virus it was. As I've said so many times: lethality doesn't determine pandemic status.
"There may be wild estimates floating around, but I don't see anything definitive or documentable happening."
Do you mean numbers-wise? How about these (taken from my own comments on another market):
--Japan and Australia reported their first confirmed cases of A/H1N1 yesterday; that brings the total to over 4000 cases worldwide, in nearly 30 countries, and on every continent but Africa (and there are a dozen suspected cases there awaiting confirmation).
--The number of confirmed cases in the U.S. has surpassed those in Mexico, and more are being added nearly every hour; the U.S. total will be somewhere north of 2000 with today's release. The virus has now been confirmed in 43 states plus the District of Columbia; it's expected to be in all 50 states by next weekend. Sustained human-to-human transmission has and is occurring.
--Brazil confirmed its first domestically-transmitted case yesterday (that is, a confirmed case that didn't happen as a result of someone travelling to North America).
--Spain, the hardest hit of the EU countries, has over 100 confirmed cases now, many of them in-country domestically-transmitted.
All this market is asking is whether and when the A/H1N1 virus will affect 2 million people...or just one-tenth of one percent of the people the WHO has speculated could be affected. If you ask me, it's not a whether; it's only a when. :-)
I don't see the problem. If you think the answer is never, put your $ on never, and make a bundle.
I think some of your concerns seem right (about what would happen if it goes in that direction), but that does not
mean nobody would estimate it, however, it might be in a far, far different world than we have now... but hey, what else is new... there's lots of questions that would bog down..
ken
@bigken, I never said there was a problem with the question, I was just expressing an opinion about what is likely to happen. The question is very creative and likely to generate lots of action.
All that said, kudos on a series of well constructed and meticulously updated questions on swine flu - you seem to have considerable expertise in this area. You are the champ!!!
If this continues to spread at its current logarithmic pace--especially if the southern hemisphere, just coming into flu season, reports pandemic-like growth--the 2,000,000 number won't be far off at all.
But we'll see... :-)
With 1 lakh of confirmed cases, mostly recovered, and say a weekly cycle of cases, it doesn't take a very high infection rate to reach 20 lakh in fairly short order - probably before mass vaccination programmes can be rolled out.
Leaving questions suspended for a long time is unfair, preventing players from adjusting their positions. If the question cannot be played, it should be voided.
I really do wish that people who find themselves having wagered on the wrong position(s) would stop trying to reverse their mistakes by suggesting/requesting voids. That's like the casino gambler who cries for a misdeal after every poker hand that he loses. ;-)
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