taxes Property Tax Assistance

2019 Confidence Interval Detail

Wise County
249-906/Paradise ISD

Category Summary

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

Stratum
Variance
A 48,977,708 0.9759 50,187,220 8 395 0.024589493
A 66,957,530 0.8023 83,456,974 10 322 0.036468543
A 59,128,618 1.0444 56,614,916 10 203 0.010023963
A 88,354,199 1.0194 86,672,748 20 230 0.007050961
E 151,872,551 1.0743 141,368,846 18 919 0.085291722
G1 18,735,534 0.9976 18,780,607 10 91 0.002512968
G1 19,350,855 0.9666 20,019,507 8 27 0.004819507
G1 19,409,373 1.0060 19,293,611 6 15 0.000585929
G1 17,219,991 0.9983 17,249,315 5 9 0.000596434
Random Totals: 490,006,359 493,643,744 95 2,211
CATG D1 EXCEPTION VALUES: 2,178,121 1,981,936
CATG J EXCEPTION VALUES: 7,787,742 8,303,531
Total Test Values(2) 499,972,222 503,929,211

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 25,196,461

Confidence Interval Values(5)

Local Test Value: 499,972,222 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 478,732,750 (State Test Value minus Margin of Error Percent)
State Upper Limit: 529,125,672 (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