In statistics and diagnostic testing, the negative predictive value (NPV) is a summary statistic used to describe the performance of a diagnostic testing procedure. It is defined as the proportion of subjects with a negative test result who are correctly diagnosed. A high NPV for a given test means that when the test yields a negative result, it is most likely correct in its assessment. In the familiar context of medical testing, a high NPV means that the test only rarely misclassifies a sick person as being healthy. Note that this says nothing about the tendency of the test to mistakenly classify a healthy person as being sick.
Read more about Negative Predictive Value: Definition, Worked Example, Relation To Negative Post-test Probability
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