taxes Property Tax Assistance

2020 Confidence Interval Detail

Cooke County
049-908/Walnut Bend ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 3,417,250 1.0438 3,273,855 11 32 0.016497649
E 4,539,208 0.9209 4,929,100 13 53 0.008773610
G1 1,669,745 0.9961 1,676,283 8 31 0.002295083
Random Totals: 9,626,203 9,879,238 32 116
CATG D1 EXCEPTION VALUES: 903,723 577,418
CATG G1 EXCEPTION VALUES: 657,571 644,809
Total Test Values 11,187,497 11,101,465

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 555,073

Confidence Interval Values(5)

Local Test Value: 11,187,497 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 10,546,392 (State Test Value minus Margin of Error Percent)
State Upper Limit: 11,656,538 (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