taxes Property Tax Assistance

2021 Confidence Interval Detail

Wood County
230-901/Big Sandy ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
E 18,151,742 0.9870 18,390,823 15 193 0.034074686
Random Totals: 18,151,742 18,390,823 15 193
CATG D1 EXCEPTION VALUES: 996,945 896,121
CATG G1 EXCEPTION VALUES: 8,841,285 8,904,706
CATG J EXCEPTION VALUES: 1,003,240 1,049,831
Total Test Values 28,993,212 29,241,481

Margin of Error

Margin of Error Percent: 6.1605172
Margin of Error Value: 1,801,426

Confidence Interval Values(5)

Local Test Value: 28,993,212 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 27,440,055 (State Test Value minus Margin of Error Percent)
State Upper Limit: 31,042,907 (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