taxes Property Tax Assistance

2020 Confidence Interval Detail

Ellis County
070-910/Palmer ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 54,248,337 0.9002 60,262,538 15 548 0.031519792
A 86,323,087 0.9583 90,079,398 25 508 0.012461284
A 78,490,177 0.8901 88,181,302 15 319 0.034904965
A 49,908,838 0.9760 51,136,105 15 133 0.006043892
E 100,484,350 0.9797 102,566,449 20 529 0.043895877
L1 9,599,270 1.0243 9,371,542 8 24 0.001388063
Random Totals: 379,054,059 401,597,334 98 2,061
CATG D1 EXCEPTION VALUES: 4,380,841 1,539,362
CATG L1 EXCEPTION VALUES: 5,202,420 5,202,420
Total Test Values 388,637,320 408,339,116

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 20,416,956

Confidence Interval Values(5)

Local Test Value: 388,637,320 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 387,922,160 (State Test Value minus Margin of Error Percent)
State Upper Limit: 428,756,072 (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