taxes Property Tax Assistance

2019 Confidence Interval Detail

Lamb County
140-908/Sudan ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 3,877,310 0.8368 4,633,497 15 167 0.038148437
A 3,644,370 0.8257 4,413,673 15 71 0.032819041
A 4,074,870 0.9061 4,497,153 15 54 0.006801515
A 5,892,670 1.0105 5,831,440 15 37 0.034891924
Random Totals: 17,489,220 19,375,763 60 329
CATG D1 EXCEPTION VALUES: 23,520,535 18,640,136
CATG J EXCEPTION VALUES: 335,163,490 331,327,069
Total Test Values(2) 376,173,245 369,342,968

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 18,467,148

Confidence Interval Values(5)

Local Test Value: 376,173,245 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 350,875,820 (State Test Value minus Margin of Error Percent)
State Upper Limit: 387,810,116 (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