taxes Property Tax Assistance

2021 Confidence Interval Detail

Erath County
072-901/Three Way ISD

Category Summary

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

Stratum
Variance
E 48,537,320 1.0250 47,353,483 20 248 0.026412630
Random Totals: 48,537,320 47,353,483 20 248
CATG D1 EXCEPTION VALUES: 6,358,780 4,579,879
Total Test Values 54,896,100 51,933,362

Margin of Error

Margin of Error Percent: 6.6402453
Margin of Error Value: 3,448,503

Confidence Interval Values(5)

Local Test Value: 54,896,100 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 48,484,859 (State Test Value minus Margin of Error Percent)
State Upper Limit: 55,381,865 (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