taxes Property Tax Assistance

2018 Confidence Interval Detail

169/Montague
169-902/Nocona ISD

Category Summary

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

Stratum
Variance
A 29,354,928 1.0435 28,131,220 16 642 0.034071233
A 31,514,310 1.0309 30,569,706 14 359 0.021875133
A 30,556,320 0.9634 31,717,168 13 218 0.007495633
A 34,527,260 0.9029 38,240,403 13 131 0.062454175
E 73,424,420 0.9507 77,231,955 20 624 0.047240469
F1 5,852,390 0.8767 6,675,476 9 84 0.036472122
F1 6,304,930 0.8262 7,631,239 8 37 0.029248818
F1 6,520,450 0.9417 6,924,127 6 17 0.024628074
F1 4,772,410 0.9427 5,062,491 4 6 0.014164281
Random Totals: 222,827,418 232,183,785 103 2,118
CATG D1 EXCEPTION VALUES: 5,756,320 4,764,737
CATG J EXCEPTION VALUES: 6,528,410 6,727,408
Total Test Values(2) 235,112,148 243,675,930

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,183,797

Confidence Interval Values(5)

Local Test Value: 235,112,148 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 231,492,133 (State Test Value minus Margin of Error Percent)
State Upper Limit: 255,859,727 (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