taxes Property Tax Assistance

2019 Confidence Interval Detail

Panola County
210-902/Joaquin ISD

Category Summary

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

Stratum
Variance
A 1,985,770 0.8490 2,338,952 10 46 0.102255315
E 2,281,440 0.9107 2,505,150 11 27 0.049215326
G1 22,512,480 1.0010 22,489,990 7 18 0.000044711
Random Totals: 26,779,690 27,334,092 28 91
CATG D1 EXCEPTION VALUES: 511,146 546,982
CATG J EXCEPTION VALUES: 71,270 62,866
Total Test Values(2) 27,362,106 27,943,940

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,397,197

Confidence Interval Values(5)

Local Test Value: 27,362,106 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 26,546,743 (State Test Value minus Margin of Error Percent)
State Upper Limit: 29,341,137 (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