taxes Property Tax Assistance

2019 Confidence Interval Detail

Terry County
223-902/Meadow ISD

Category Summary

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

Stratum
Variance
A 2,120,027 0.8166 2,596,163 8 61 0.043359280
A 1,693,872 0.9336 1,814,344 8 19 0.010451656
A 1,996,558 0.9447 2,113,431 7 18 0.010710728
A 2,724,741 0.9800 2,780,348 9 17 0.019763963
E 8,924,012 0.8826 10,111,049 20 159 0.060928188
G1 9,823,494 1.0120 9,707,010 8 26 0.000327977
Random Totals: 27,282,704 29,122,345 60 300
CATG D1 EXCEPTION VALUES: 19,236,632 12,413,968
CATG G1 EXCEPTION VALUES: 2,959,975 3,038,524
CATG J EXCEPTION VALUES: 2,945,624 2,789,084
Total Test Values(3) 52,424,935 47,363,921

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,368,196

Confidence Interval Values(5)

Local Test Value: 52,424,935 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 44,995,725 (State Test Value minus Margin of Error Percent)
State Upper Limit: 49,732,117 (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