taxes Property Tax Assistance

2023 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 231,058,355 0.9377 246,409,678 26 2,209 0.024026244
A 283,409,230 0.9465 299,428,663 44 1,371 0.011882127
A 315,888,445 0.9832 321,286,051 42 922 0.007931821
A 347,090,810 0.9650 359,679,596 24 555 0.008274265
E 715,785,335 1.0670 670,839,114 37 2,890 0.174382678
F1 30,698,532 1.0379 29,577,543 10 142 0.068288697
F1 49,903,519 0.9573 52,129,446 9 86 0.051110932
F1 45,267,896 1.1193 40,443,041 8 40 0.036039561
F1 45,205,302 1.0596 42,662,610 5 17 0.008720757
Random Totals: 2,064,307,424 2,062,455,742 205 8,232
CATG D1 EXCEPTION VALUES: 4,138,290 4,828,007
Total Test Values 2,068,445,714 2,067,283,749

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 103,364,187

Confidence Interval Values(5)

Local Test Value: 2,068,445,714 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,963,919,562 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,170,647,936 (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