taxes Property Tax Assistance

2018 Confidence Interval Detail

043/Collin
043-919/Lovejoy ISD

Category Summary

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

Stratum
Variance
A 565,399,331 0.9576 590,433,721 58 1457 0.006577624
A 627,367,083 0.9711 646,037,569 63 1206 0.007510770
A 652,248,712 0.9715 671,383,131 49 936 0.004561692
A 836,300,807 0.9226 906,460,879 34 831 0.038736266
Random Totals: 2,681,315,933 2,814,315,300 204 4,430
CATG D1 EXCEPTION VALUES: 167,370 97,905
Total Test Values(1) 2,681,483,303 2,814,413,205

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 140,720,660

Confidence Interval Values(5)

Local Test Value: 2,681,483,303 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,673,692,545 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,955,133,865 (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