The figure below depicts the relationship between disease prevalence and predictive value in a test with 95% sensitivity and 95% specificity: Relationship between disease prevalence and predictive value in a test with 95% sensitivity and 85% specificity.
What Factors Impact PPV? For some, PPV is a mechanical metric only, measured and reported on but without any further attention paid to it.
But it must not be used as a single measure.
PPV: Purchasing Price Variance
Companies that are selling products are either in control of the manufacturing or implementation cost of the products as well as the delivery and other associated costs which are directly involved within the complete supply chain.
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The test misses one-third of the people who have the disease.
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