taxes Property Tax Assistance

2019 Confidence Interval Detail

Wood County
250-904/Quitman ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 29,943,410 0.8940 33,493,747 16 556 0.159049787
A 34,851,550 0.9311 37,430,512 16 373 0.031454441
A 47,193,020 0.9565 49,339,279 16 340 0.015147938
A 49,126,120 0.9088 54,056,030 14 206 0.033736975
E 264,281,945 0.8022 329,446,454 43 2922 0.302761304
F1 8,754,240 0.7415 11,806,123 15 99 0.095390835
F1 8,473,880 0.6555 12,927,353 10 36 0.213624174
F1 8,723,030 0.6749 12,924,922 6 11 0.513347241
F1 7,440,740 0.9800 7,592,592 3 4 0.002405760
L1 3,040,250 0.9625 3,158,701 11 64 0.016438662
L1 2,210,790 0.9747 2,268,175 7 14 0.008720009
L1 3,888,370 0.9891 3,931,220 5 8 0.013099621
Random Totals: 467,927,345 558,375,108 162 4,633
CATG D1 EXCEPTION VALUES: 10,814,936 10,809,846
CATG F1 EXCEPTION VALUES: 13,204,930 14,967,801
CATG L1 EXCEPTION VALUES: 35,089,030 35,825,431
Total Test Values(3) 527,036,241 619,978,186

Margin of Error

Margin of Error Percent: 8.8579527
Margin of Error Value: 54,917,374

Confidence Interval Values(5)

Local Test Value: 527,036,241 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 565,060,812 (State Test Value minus Margin of Error Percent)
State Upper Limit: 674,895,560 (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