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127/Jones
2016 Confidence Interval Detail
127/Jones
221-904/Merkel ISD
Category Summary
| (1) Category |
(1) Local Value |
(1) Stratum Ratio |
(1) State Value |
(2) Sample Size |
(3) Total Parcels |
Stratum Variance |
|---|---|---|---|---|---|---|
| E | 30,226,740 | 1.0604 | 28,505,036 | 15 | 379 | .029059754 |
| G1 | 770,740 | 0.9716 | 793,269 | 7 | 26 | .041797520 |
| G1 | 751,560 | 1.0144 | 740,891 | 4 | 6 | .026573721 |
| G1 | 866,350 | 0.9532 | 908,886 | 3 | 5 | .037143555 |
| Random Totals: | 32,615,390 | 30,948,082 | 29 | 416 | ||
| Catg J Exception Values: | 501,390 | 502,068 | ||||
| Catg D1 Exception Values: | 1,948,090 | 1,764,009 | ||||
| Catg G1 Exception Values: | 653,710 | 676,623 | ||||
| Total Test Values (4): | 35,718,580 | 33,890,782 |
Margin of Error
| Margin of Error Percent: | 7.4749618 |
|---|---|
| Margin of Error Value: | 2,533,323 |
Confidence Interval Values (5)
| State Lower Limit: | 31,357,459 | (State Test Value minus Margin of Error Percent) |
|---|---|---|
| Local Test Value: | 35,718,580 | (Within Confidence Interval) |
| State Upper Limit: | 36,424,105 | (State Test Value plus Margin of Error Percent) |
| Value Assigned (6): | 39,646,681 | (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