taxes Property Tax Assistance

2019 Confidence Interval Detail

Parker County
119-903/Perrin-Whitt CISD

Category Summary

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

Stratum
Variance
A 1,112,480 0.8668 1,283,433 8 20 0.055015415
A 2,581,690 0.9004 2,867,270 10 29 0.031534044
A 2,174,820 1.1542 1,884,266 5 15 0.003748324
A 5,363,350 1.0227 5,244,304 4 22 0.004256803
E 48,482,530 1.0049 48,246,124 19 296 0.054084144
Random Totals: 59,714,870 59,525,397 46 382
CATG D1 EXCEPTION VALUES: 2,019,510 1,520,073
Total Test Values(1) 61,734,380 61,045,470

Margin of Error

Margin of Error Percent: 8.2520998
Margin of Error Value: 5,037,533

Confidence Interval Values(5)

Local Test Value: 61,734,380 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 56,007,937 (State Test Value minus Margin of Error Percent)
State Upper Limit: 66,083,003 (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