Originally Posted by
drywhitetoast
60,000,000 = Total Italian Population
74,386 = Total number of confirmed cases
16,865 = CV19 cases requiring hospitalization
7,503 = CV19 hospitalizations that ended in death
7503/74,386 = 0.1008657543086065 mortality rate.
The US CDC has estimated most people infected with COVID-19 are asymptomatic and do not have symptoms. They have also estimated this week the majority of people that are infected with it are never tested and do not seek treatment.
Italy could have millions infected with COVID, we just don’t know.
Assuming the above is correct, your estimate is likely off by several magnitudes.
Germany has done the most testing of any nation and their COVID-19 fatality rate is about 0.3-0.5%. Even with that, people that do not display symptoms are typically not tested.