taxes Property Tax Assistance

2020 Confidence Interval Detail

Cooke County
049-906/Era ISD

Category Summary

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

Stratum
Variance
A 7,070,796 0.9396 7,525,326 10 107 0.027764692
A 8,959,295 0.9325 9,607,823 9 69 0.035953467
A 8,571,236 1.0549 8,125,164 8 44 0.013842897
A 13,152,677 1.0915 12,050,093 9 43 0.005181241
E 104,207,538 0.9983 104,384,992 20 671 0.026079300
G1 7,156,402 1.0089 7,093,272 9 71 0.001467280
G1 7,201,785 1.0557 6,821,810 7 23 0.015286815
G1 6,715,576 1.1009 6,100,078 6 14 0.008020168
G1 6,898,845 1.0210 6,756,949 4 6 0.000242552
Random Totals: 169,934,150 168,465,507 82 1,048
CATG D1 EXCEPTION VALUES: 9,944,219 6,391,095
CATG J EXCEPTION VALUES: 5,031,086 5,682,548
Total Test Values 184,909,455 180,539,150

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,026,958

Confidence Interval Values(5)

Local Test Value: 184,909,455 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 171,512,192 (State Test Value minus Margin of Error Percent)
State Upper Limit: 189,566,108 (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