taxes Property Tax Assistance

2019 Confidence Interval Detail

Wood County
230-901/Big Sandy ISD

Category Summary

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

Stratum
Variance
E 14,407,740 0.9577 15,044,106 16 194 0.014036315
Random Totals: 14,407,740 15,044,106 16 194
CATG D1 EXCEPTION VALUES: 743,094 849,223
CATG G1 EXCEPTION VALUES: 15,732,669 15,481,471
CATG J EXCEPTION VALUES: 872,510 901,331
Total Test Values(3) 31,756,013 32,276,131

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,613,807

Confidence Interval Values(5)

Local Test Value: 31,756,013 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 30,662,324 (State Test Value minus Margin of Error Percent)
State Upper Limit: 33,889,938 (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