taxes Property Tax Assistance

2018 Confidence Interval Detail

182/Palo Pinto
111-902/Lipan ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 4,355,220 0.9679 4,499,659 9 38 0.007980676
E 17,497,290 0.9530 18,360,220 20 151 0.088774123
Random Totals: 21,852,510 22,859,879 29 189
CATG D1 EXCEPTION VALUES: 774,970 836,448
Total Test Values(1) 22,627,480 23,696,327

Margin of Error

Margin of Error Percent: 9.9082806
Margin of Error Value: 2,347,899

Confidence Interval Values(5)

Local Test Value: 22,627,480 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 21,348,428 (State Test Value minus Margin of Error Percent)
State Upper Limit: 26,044,226 (State Test Value plus Margin of Error Percent)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values