Here's an interesting article:
Assessment of Borderline Personality Disorder Using the MMPI-2 and the Personality Assessment Inventory
It assesses the accuracy of the MMPI for borderline personality patients.
Quote:
9% of the patients and 95% of the students were classified correctly based on the MMPI-2
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Looks like it's not terribly accurate for borderline personality disorder. I don't know what that says about bipolar, but the test doesn't seem 100% accurate to me.