taxes Property Tax Assistance

2019 Confidence Interval Detail

Hunt County
116-906/Lone Oak ISD

Category Summary

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

Stratum
Variance
A 23,345,362 0.8908 26,207,187 13 310 0.023226100
A 28,532,291 1.0267 27,790,290 10 172 0.007176228
A 26,351,939 0.9185 28,690,189 9 95 0.020579876
A 34,336,230 0.9781 35,105,030 9 79 0.003150326
E 203,564,803 0.9068 224,486,991 27 1396 0.044417372
Random Totals: 316,130,625 342,279,687 68 2,052
CATG D1 EXCEPTION VALUES: 3,400,010 3,490,253
Total Test Values(1) 319,530,635 345,769,940

Margin of Error

Margin of Error Percent: 5.3222181
Margin of Error Value: 18,402,630

Confidence Interval Values(5)

Local Test Value: 319,530,635 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 327,367,310 (State Test Value minus Margin of Error Percent)
State Upper Limit: 364,172,570 (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