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243/Wichita
2017 Confidence Interval Detail
243/Wichita
243-905/Wichita Falls ISD
Category Summary
| (1) Category |
(1) Local Value |
(1) Stratum Ratio |
(1) State Value |
(2) Sample Size |
(3) Total Parcels |
Stratum Variance |
|---|---|---|---|---|---|---|
| A | 648,115,782 | 1.0079 | 643,035,799 | 73 | 10,165 | .013623337 |
| A | 660,573,444 | 1.0031 | 658,531,995 | 75 | 5,811 | .011876542 |
| A | 671,413,121 | 0.9965 | 673,771,321 | 75 | 3,878 | .017277060 |
| A | 709,637,396 | 1.0276 | 690,577,458 | 75 | 2,170 | .013329062 |
| F1 | 227,770,956 | 0.9418 | 241,846,417 | 10 | 951 | .023003232 |
| F1 | 229,843,600 | 0.7582 | 303,143,762 | 10 | 234 | .090700071 |
| F1 | 230,922,797 | 0.7662 | 301,387,101 | 9 | 86 | .131287589 |
| F1 | 238,409,767 | 1.0000 | 238,409,767 | 7 | 23 | .016344775 |
| L1 | 119,788,372 | 1.0210 | 117,324,556 | 11 | 1,052 | .020508308 |
| L1 | 108,398,645 | 1.0494 | 103,295,831 | 12 | 222 | .023157980 |
| L1 | 122,101,764 | 0.9927 | 122,999,662 | 10 | 86 | .074061751 |
| L1 | 111,287,641 | 1.0156 | 109,578,221 | 8 | 21 | .004077739 |
| Random Totals: | 4,078,263,285 | 4,203,901,890 | 375 | 24,699 | ||
| Catg D1 Exception Values: | 1,931,173 | 1,958,575 | ||||
| Total Test Values (4): | 4,080,194,458 | 4,205,860,465 |
Margin of Error
| Margin of Error Percent: | 5.0000000 |
|---|---|
| Margin of Error Value: | 210,293,023 |
Confidence Interval Values (5)
| State Lower Limit: | 3,995,567,442 | (State Test Value minus Margin of Error Percent) |
|---|---|---|
| Local Test Value: | 4,080,194,458 | (Within Confidence Interval) |
| State Upper Limit: | 4,416,153,488 | (State Test Value plus Margin of Error Percent) |
| Value Assigned (6): | 4,276,917,138 | (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, 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
(6) Includes local value of unstudied property categories and sub-categories