taxes Property Tax Assistance

2023 Confidence Interval Detail

Cochran County
040-902/Whiteface CISD

Category Summary

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

Stratum
Variance
G1 87,340,468 0.9957 87,717,654 15 54 0.001367554
Random Totals: 87,340,468 87,717,654 15 54
CATG D1 EXCEPTION VALUES: 9,473,829 9,173,215
CATG G1 EXCEPTION VALUES: 241,859,067 236,997,516
CATG J EXCEPTION VALUES: 19,421,019 20,037,915
Total Test Values 358,094,383 353,926,300

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,696,315

Confidence Interval Values(5)

Local Test Value: 358,094,383 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 336,229,985 (State Test Value minus Margin of Error Percent)
State Upper Limit: 371,622,615 (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