COVID-19 Outbreak (Update: More than 2.9M cases and 132,313 deaths in US)

Don't really know what this means, or the significance of it. Maybe someone can explain?

Sensitivity = true positive rate. True positives (TP) / all positives (P) . If you are infected, how likely is that the test returns a positive.
Specificity = true negative rate, which is true negatives (TN) / all negatives (N). If you aren't infected , how likely is it hat the test returns a negative

https://en.wikipedia.org/wiki/Sensitivity_and_specificity
Basically the antibody test that we will need to realistically start to move forward is there and it’s 99.9% accurate. Unlike the ones they have been using with are as good as my free throw percentage. (5’8” with depth perception problems)

Accuracy is actually (TP + TN) / (T + N). In this case, somwhere between 99.9% and 100%, but too lazy to actually do the math. Accuracy isn't used much, as one number cannot capture how "good" a test is at doing both ruling out false positives and false negatives. Accuracy is actually defined as true positives + true negatives / A test can be highly specific but not highly sensitive, or highly sensitive but not highly specific, but still have high accuracy.