taxes Property Tax Assistance

2021 Confidence Interval Detail

Hardeman County
099-903/Quanah ISD

Category Summary

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

Stratum
Variance
A 9,416,010 0.9443 9,971,418 8 389 0.006163572
A 9,411,800 0.9302 10,118,039 10 209 0.009207853
A 9,681,900 0.9516 10,174,338 10 138 0.006020626
A 8,657,680 0.9990 8,666,346 9 72 0.003037856
E 20,058,790 0.9005 22,275,169 11 371 0.033741141
G1 24,339,190 0.9959 24,439,392 9 48 0.000264164
Random Totals: 81,565,370 85,644,702 57 1,227
CATG D1 EXCEPTION VALUES: 29,734,170 27,032,352
CATG J EXCEPTION VALUES: 16,236,860 16,887,201
Total Test Values 127,536,400 129,564,255

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,478,213

Confidence Interval Values(5)

Local Test Value: 127,536,400 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 123,086,042 (State Test Value minus Margin of Error Percent)
State Upper Limit: 136,042,468 (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