taxes Property Tax Assistance

2019 Confidence Interval Detail

Wheeler County
242-905/Kelton ISD

Category Summary

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

Stratum
Variance
G1 76,475,780 0.9852 77,624,624 10 178 0.001905392
G1 77,161,170 1.0092 76,457,759 9 65 0.002143949
G1 76,630,370 1.0002 76,615,047 8 36 0.000687306
G1 74,862,380 1.0173 73,589,285 6 14 0.000836299
Random Totals: 305,129,700 304,286,715 33 293
CATG D1 EXCEPTION VALUES: 5,571,700 5,618,942
CATG J EXCEPTION VALUES: 5,691,170 5,722,606
Total Test Values(2) 316,392,570 315,628,263

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,781,413

Confidence Interval Values(5)

Local Test Value: 316,392,570 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 299,846,850 (State Test Value minus Margin of Error Percent)
State Upper Limit: 331,409,676 (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