The formula to calculate the Positive Predictive Value (PPV) is:
\[ PPV = \frac{TP}{TP + FP} \times 100 \]
Where:
Positive Predictive Value (PPV) is a measure of the performance of a diagnostic test or screening method. It represents the probability that a person who has a positive test result actually has the disease. A higher PPV indicates that the test has a lower rate of false positives and is more reliable when it gives a positive result.
Let's assume the following values:
Using the formula to calculate the Positive Predictive Value (PPV):
\[ PPV = \frac{80}{80 + 20} \times 100 = 80 \]
The Positive Predictive Value (PPV) is 80%.