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 0.9020 2,913,160 15 62 0.065627000
A 2,512,250 0.9270 2,710,086 13 32 0.094871881
A 3,093,120 0.9805 3,154,635 12 25 0.030523641
A 1,759,510 0.9408 1,870,227 7 9 0.025228818
E 7,190,010 0.9736 7,384,973 21 93 0.048789537
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 31,982,302 88 319
CATG D1 EXCEPTION VALUES: 24,831,790 37,051,045
CATG G1 EXCEPTION VALUES: 3,522,410 3,571,726
Total Test Values 59,391,560 72,605,073

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,630,254

Confidence Interval Values(5)

Local Test Value: 59,391,560 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 68,974,819 (State Test Value minus Margin of Error Percent)
State Upper Limit: 76,235,327 (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