taxes Property Tax Assistance

2020 Confidence Interval Detail

Jack County
119-902/Jacksboro ISD

Category Summary

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

Stratum
Variance
A 18,938,150 0.7824 24,205,202 18 554 0.121149891
A 17,312,350 0.8827 19,612,949 14 241 0.029815271
A 17,501,690 0.8910 19,642,750 15 162 0.019407132
A 24,216,910 0.8494 28,510,607 15 134 0.045879102
E 106,632,500 0.8012 133,090,989 19 1,426 0.189185453
G1 13,272,390 0.9857 13,464,939 10 447 0.000273943
G1 13,287,300 0.9874 13,456,856 9 49 0.000076259
G1 17,910,451 1.0050 17,821,344 5 9 0.000649472
Random Totals: 229,071,741 269,805,636 105 3,022
CATG D1 EXCEPTION VALUES: 25,312,500 20,728,673
CATG G1 EXCEPTION VALUES: 8,587,650 8,513,057
CATG J EXCEPTION VALUES: 49,371,470 49,264,967
Total Test Values 312,343,361 348,312,333

Margin of Error

Margin of Error Percent: 7.6733149
Margin of Error Value: 26,727,102

Confidence Interval Values(5)

Local Test Value: 312,343,361 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 321,585,231 (State Test Value minus Margin of Error Percent)
State Upper Limit: 375,039,435 (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