taxes Property Tax Assistance

2018 Confidence Interval Detail

211/Sherman
211-901/Texhoma ISD

Category Summary

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

Stratum
Variance
A 2,305,230 0.8795 2,621,069 11 62 0.103527508
A 2,261,190 0.9987 2,264,133 8 32 0.153188947
A 2,293,750 0.7990 2,870,776 9 21 0.059201901
A 2,123,560 1.0076 2,107,543 6 13 0.028678112
E 5,756,270 0.7939 7,250,624 14 97 0.260057896
G1 4,436,550 1.0748 4,127,791 13 74 0.017955010
G1 4,264,500 1.0628 4,012,514 10 30 0.015229679
G1 4,699,900 1.0114 4,646,925 8 16 0.001596772
G1 3,926,290 0.9507 4,129,894 4 5 0.005070612
Random Totals: 32,067,240 34,031,269 83 350
CATG D1 EXCEPTION VALUES: 30,730,350 32,056,000
Total Test Values(1) 62,797,590 66,087,269

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,304,363

Confidence Interval Values(5)

Local Test Value: 62,797,590 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 62,782,906 (State Test Value minus Margin of Error Percent)
State Upper Limit: 69,391,632 (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