taxes Property Tax Assistance

2020 Confidence Interval Detail

Archer County
252-903/Olney ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 4,533,900 0.8931 5,076,587 8 178 0.066680604
E 4,657,760 0.9010 5,169,545 8 76 0.066262321
G1 4,300,760 0.9831 4,374,692 9 43 0.000966265
G1 4,133,600 0.9871 4,187,620 5 10 0.000390537
G1 4,335,030 0.9771 4,436,629 4 6 0.000037640
Random Totals: 21,961,050 23,245,073 34 313
CATG A EXCEPTION VALUES: 271,950 264,518
CATG D1 EXCEPTION VALUES: 11,605,942 9,241,658
CATG G1 EXCEPTION VALUES: 3,713,060 3,665,716
CATG J EXCEPTION VALUES: 2,531,170 2,899,368
Total Test Values 40,083,172 39,316,333

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,965,817

Confidence Interval Values(5)

Local Test Value: 40,083,172 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 37,350,516 (State Test Value minus Margin of Error Percent)
State Upper Limit: 41,282,150 (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