taxes Property Tax Assistance

2023 Confidence Interval Detail

Wood County
230-901/Big Sandy ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
E 31,487,884 1.0150 31,022,546 20 216 0.048098205
Random Totals: 31,487,884 31,022,546 20 216
CATG D1 EXCEPTION VALUES: 927,497 814,205
CATG G1 EXCEPTION VALUES: 17,111,506 17,055,243
CATG J EXCEPTION VALUES: 1,586,000 1,677,555
Total Test Values 51,112,887 50,569,549

Margin of Error

Margin of Error Percent: 5.9894261
Margin of Error Value: 3,028,826

Confidence Interval Values(5)

Local Test Value: 51,112,887 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 47,540,723 (State Test Value minus Margin of Error Percent)
State Upper Limit: 53,598,375 (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