Negative Predictive Value

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

Famous quotes containing the word negative:

    The idealist’s programme of political or economic reform may be impracticable, absurd, demonstrably ridiculous; but it can never be successfully opposed merely by pointing out that this is the case. A negative opposition cannot be wholly effectual: there must be a competing idealism; something must be offered that is not only less objectionable but more desirable.
    Charles Horton Cooley (1864–1929)