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093/Grimes
2016 Confidence Interval Detail
093/Grimes
093-905/Richards ISD
Category Summary
| (1) Category |
(1) Local Value |
(1) Stratum Ratio |
(1) State Value |
(2) Sample Size |
(3) Total Parcels |
Stratum Variance |
|---|---|---|---|---|---|---|
| A | 2,891,180 | 0.7968 | 3,628,489 | 9 | 57 | .085456568 |
| A | 3,044,970 | 0.8580 | 3,548,916 | 7 | 23 | .040634101 |
| A | 4,187,250 | 1.1815 | 3,544,012 | 5 | 16 | .010818510 |
| A | 3,209,210 | 1.1687 | 2,745,966 | 3 | 5 | .007100688 |
| E | 26,364,900 | 1.0532 | 25,033,137 | 13 | 223 | .025380860 |
| G1 | 7,398,035 | 0.9851 | 7,509,933 | 20 | 40 | .023109414 |
| Random Totals: | 47,095,545 | 46,010,453 | 57 | 364 | ||
| Catg J Exception Values: | 5,953,605 | 5,945,378 | ||||
| Catg D1 Exception Values: | 2,409,603 | 2,510,571 | ||||
| Total Test Values (4): | 55,458,753 | 54,466,402 |
Margin of Error
| Margin of Error Percent: | 5.0000000 |
|---|---|
| Margin of Error Value: | 2,723,320 |
Confidence Interval Values (5)
| State Lower Limit: | 51,743,082 | (State Test Value minus Margin of Error Percent) |
|---|---|---|
| Local Test Value: | 55,458,753 | (Within Confidence Interval) |
| State Upper Limit: | 57,189,722 | (State Test Value plus Margin of Error Percent) |
| Value Assigned (6): | 65,927,314 | (See ISD Summary Worksheet) |
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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories