taxes Property Tax Assistance

2021 Confidence Interval Detail

Hunt County
116-908/Quinlan ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 154,138,036 0.9991 154,276,885 28 2,319 0.025393131
A 188,270,191 0.9726 193,574,122 44 1,329 0.012207790
A 194,452,060 0.9859 197,233,046 44 768 0.008040249
A 178,069,472 0.9564 186,187,235 23 381 0.004966518
E 457,391,364 0.9587 477,095,404 49 2,834 0.020997353
F1 21,436,418 0.8660 24,753,370 16 159 0.256199920
F1 21,162,189 0.8713 24,288,063 15 61 0.130830862
F1 24,109,220 0.9044 26,657,696 15 32 0.061067122
F1 24,916,110 0.9152 27,224,771 8 12 0.012102097
Random Totals: 1,263,945,060 1,311,290,592 242 7,895
CATG D1 EXCEPTION VALUES: 3,763,447 4,110,699
Total Test Values 1,267,708,507 1,315,401,291

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 65,770,065

Confidence Interval Values(5)

Local Test Value: 1,267,708,507 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,249,631,226 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,381,171,356 (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