taxes Property Tax Assistance

2020 Confidence Interval Detail

Sherman County
211-901/Texhoma ISD

Category Summary

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

Stratum
Variance
A 2,627,670 0.9562 2,748,034 15 62 0.073765932
A 2,512,250 0.9805 2,562,213 13 32 0.056548930
A 3,093,120 1.0021 3,086,638 12 25 0.025945318
A 1,759,510 0.9896 1,778,001 7 9 0.011268196
E 7,190,010 1.0052 7,152,815 21 93 0.036845513
G1 4,454,320 1.0090 4,414,589 9 75 0.001644537
G1 4,525,010 0.9819 4,608,422 7 18 0.000230261
G1 4,875,470 0.9897 4,926,210 4 5 0.000594900
Random Totals: 31,037,360 31,276,922 88 319
CATG D1 EXCEPTION VALUES: 24,831,790 34,685,825
CATG G1 EXCEPTION VALUES: 3,522,410 3,571,726
Total Test Values 59,391,560 69,534,473

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,476,724

Confidence Interval Values(5)

Local Test Value: 59,391,560 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 66,057,749 (State Test Value minus Margin of Error Percent)
State Upper Limit: 73,011,197 (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