taxes Property Tax Assistance

2018 Confidence Interval Detail

140/Lamb
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
A 7,966,520 0.9080 8,773,700 12 319 0.019013326
A 7,798,280 0.8940 8,722,908 12 147 0.016478121
A 8,119,050 0.9377 8,658,473 11 94 0.031360303
A 7,960,710 0.9519 8,362,969 10 46 0.024447683
E 21,446,876 0.8158 26,289,380 21 376 0.144441098
L1 1,850,060 0.9954 1,858,610 6 19 0.001504710
L1 2,089,880 0.9779 2,137,110 3 6 0.000364671
Random Totals: 57,231,376 64,803,150 75 1,007
CATG D1 EXCEPTION VALUES: 34,910,939 21,658,221
CATG L1 EXCEPTION VALUES: 1,008,320 985,182
Total Test Values(2) 93,150,635 87,446,553

Margin of Error

Margin of Error Percent: 5.1140909
Margin of Error Value: 4,472,096

Confidence Interval Values(5)

Local Test Value: 93,150,635 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 82,974,457 (State Test Value minus Margin of Error Percent)
State Upper Limit: 91,918,649 (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