taxes Property Tax Assistance

2020 Confidence Interval Detail

Hale County
140-905/Olton ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
E 5,669,526 0.9567 5,926,127 20 77 0.055901155
Random Totals: 5,669,526 5,926,127 20 77
CATG D1 EXCEPTION VALUES: 9,746,669 4,821,778
Total Test Values 15,416,195 10,747,905

Margin of Error

Margin of Error Percent: 5.2418049
Margin of Error Value: 563,384

Confidence Interval Values(5)

Local Test Value: 15,416,195 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 10,184,521 (State Test Value minus Margin of Error Percent)
State Upper Limit: 11,311,289 (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