Step 1: Sensitivity
Sensitivity refers to the proportion of true positives correctly identified by the test. A high sensitivity test ensures that those who have the disease are correctly identified. It is calculated as:
\[
\text{Sensitivity} = \frac{\text{True Positives}}{\text{True Positives + False Negatives}}
\]
Step 2: Specificity
Specificity refers to the proportion of true negatives correctly identified by the test. A high specificity test reduces the number of healthy individuals who are wrongly diagnosed. It is calculated as:
\[
\text{Specificity} = \frac{\text{True Negatives}}{\text{True Negatives + False Positives}}
\]
Step 3: Positive Predictive Value (PPV)
PPV is the probability that a positive test result correctly indicates the presence of the disease. It is calculated as:
\[
\text{PPV} = \frac{\text{True Positives}}{\text{True Positives + False Positives}}
\]
Step 4: Negative Predictive Value (NPV)
NPV is the probability that a negative test result correctly indicates the absence of the disease. It is calculated as:
\[
\text{NPV} = \frac{\text{True Negatives}}{\text{True Negatives + False Negatives}}
\]
Step 5: Accuracy
Accuracy refers to the proportion of all true results (both positive and negative) in the total number of cases examined. It is calculated as:
\[
\text{Accuracy} = \frac{\text{True Positives + True Negatives}}{\text{Total Population}}
\]