taxes Property Tax Assistance

2021 Confidence Interval Detail

Hale County
140-905/Olton ISD

Category Summary

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

Stratum
Variance
E 5,938,972 0.7417 8,007,243 21 80 0.127176144
Random Totals: 5,938,972 8,007,243 21 80
CATG D1 EXCEPTION VALUES: 9,692,140 3,325,314
CATG J EXCEPTION VALUES: 1,106,960 1,277,570
Total Test Values 16,738,072 12,610,127

Margin of Error

Margin of Error Percent: 8.8479735
Margin of Error Value: 1,115,741

Confidence Interval Values(5)

Local Test Value: 16,738,072 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 11,494,386 (State Test Value minus Margin of Error Percent)
State Upper Limit: 13,725,868 (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