taxes Property Tax Assistance

2023 Confidence Interval Detail

Erath County
072-901/Three Way ISD

Category Summary

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

Stratum
Variance
E 79,313,350 0.9994 79,360,967 20 276 0.063372627
Random Totals: 79,313,350 79,360,967 20 276
CATG D1 EXCEPTION VALUES: 4,713,880 4,834,481
Total Test Values 84,027,230 84,195,448

Margin of Error

Margin of Error Percent: 10.6798685
Margin of Error Value: 8,991,963

Confidence Interval Values(5)

Local Test Value: 84,027,230 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 75,203,485 (State Test Value minus Margin of Error Percent)
State Upper Limit: 93,187,411 (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