taxes Property Tax Assistance

2020 Confidence Interval Detail

Cooke County
049-903/Valley View ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 21,304,441 0.7939 26,835,169 8 259 0.105921462
A 28,095,292 0.8390 33,486,641 11 194 0.028431047
A 33,125,800 0.9693 34,174,972 10 153 0.030255223
A 34,499,191 0.9014 38,272,899 8 83 0.007958311
E 151,231,152 0.9262 163,281,313 28 840 0.030332493
F1 23,801,197 0.9450 25,186,452 9 51 0.011897683
Random Totals: 292,057,073 321,237,446 74 1,580
CATG D1 EXCEPTION VALUES: 5,024,826 3,408,814
CATG J EXCEPTION VALUES: 19,337,917 22,880,875
Total Test Values 316,419,816 347,527,135

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,376,357

Confidence Interval Values(5)

Local Test Value: 316,419,816 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 330,150,778 (State Test Value minus Margin of Error Percent)
State Upper Limit: 364,903,492 (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