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  2. Positive and negative predictive values - Wikipedia

    en.wikipedia.org/wiki/Positive_and_negative...

    The positive predictive value (PPV), or precision, is defined as = + = where a "true positive" is the event that the test makes a positive prediction, and the subject has a positive result under the gold standard, and a "false positive" is the event that the test makes a positive prediction, and the subject has a negative result under the gold standard.

  3. File:PPV, NPV, Sensitivity and Specificity.pdf - Wikipedia

    en.wikipedia.org/wiki/File:PPV,_NPV,_Sensitivity...

    You are free: to share – to copy, distribute and transmit the work; to remix – to adapt the work; Under the following conditions: attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made.

  4. Precision and recall - Wikipedia

    en.wikipedia.org/wiki/Precision_and_recall

    In a classification task, the precision for a class is the number of true positives (i.e. the number of items correctly labelled as belonging to the positive class) divided by the total number of elements labelled as belonging to the positive class (i.e. the sum of true positives and false positives, which are items incorrectly labelled as belonging to the class).

  5. Evaluation of binary classifiers - Wikipedia

    en.wikipedia.org/wiki/Evaluation_of_binary...

    Note that the rows correspond to the condition actually being positive or negative (or classified as such by the gold standard), as indicated by the color-coding, and the associated statistics are prevalence-independent, while the columns correspond to the test being positive or negative, and the associated statistics are prevalence-dependent.

  6. Likelihood ratios in diagnostic testing - Wikipedia

    en.wikipedia.org/wiki/Likelihood_ratios_in...

    A medical example is the likelihood that a given test result would be expected in a patient with a certain disorder compared to the likelihood that same result would occur in a patient without the target disorder. Some sources distinguish between LR+ and LR−. [13] A worked example is shown below.

  7. What’s the Profitability Index (PI) and How Is It Calculated?

    www.aol.com/finance/profitability-index-pi...

    As an example, if you’re considering a project that requires an initial investment of $100,000 and is expected to generate future cash flows with a present value of $120,000, the PI would be 1.2 ...

  8. Diagnostic odds ratio - Wikipedia

    en.wikipedia.org/wiki/Diagnostic_odds_ratio

    log(Diagnostic Odds Ratio) for varying sensitivity and specificity. In medical testing with binary classification, the diagnostic odds ratio (DOR) is a measure of the effectiveness of a diagnostic test. [1]

  9. Sensitivity and specificity - Wikipedia

    en.wikipedia.org/wiki/Sensitivity_and_specificity

    Imagine a study evaluating a test that screens people for a disease. Each person taking the test either has or does not have the disease. The test outcome can be positive (classifying the person as having the disease) or negative (classifying the person as not having the disease).