Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Comment by Amadeus2011on Mar 28, 2022 9:35am
72 Views
Post# 34551436

RE:Vaxed/Partial Vaxed NOW represent OVER 3/4 Hospitalized

RE:Vaxed/Partial Vaxed NOW represent OVER 3/4 HospitalizedYou've got a rather glaring error in your math there pal.
OF COURSE the vaccinated make up more in hospital that unvaccinated. That's exactly what you would expect when 90% or so of a population is vaccinated. How could it be otherwise?
You are trying to compare the hospitalization rates of two gigantically different population subsets.
As a percentage of the two groups, the hospitalization rate for unvaccinated people is far far higher than the vaccinated population.

The mistake you're making is called a base rate fallacy. You're comparing the numbers in hospital directly instead of looking at a balanced comparison. Here's a quick bit of math taht makes it clear.

Population of Canada is 37,000,000 or so.
According to CTV's vaccination tracker, as of this morning 32.88 million people are considered vaccianted having had at least 2 doeses (5 years old and up).
So unvaccinated number 4.12 million.
Current hospitalizations nationwide are at 3495. If we take your percentages at face value and say that 75% are vaccinated then this is what we get for hospitalization rates:

3495 x .75 = 2621 vaccinated
3495 x .25 = 874 unvaccinated

Looks scary right? UNTIL you do a little division.....

32,880,000 / 2621 = 12,544 - So one in every 12,544 people in the vaccinated population will wind up in hospital.

4,120,000 / 874 = 4714 - So one in every 4713 people in the unvaccinated population will wind up in hospital.

So if you're unvaccinated, you are nearly 3 times as likely to wind up in hospital according to this back on the envelope number crunching. But the principle is sound. Base rate fallacy is burning up the internet right now because of people making the same mistake and then posting their incorrect results for all to see with no supporting analysis.
<< Previous
Bullboard Posts
Next >>