taxes Property Tax Assistance

2020 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 4,350,930 0.6688 6,505,577 17 172 0.047984501
A 4,403,110 0.6493 6,781,318 15 77 0.214569035
A 4,386,840 0.7476 5,867,897 18 50 0.062392087
A 4,235,020 1.0381 4,079,588 15 21 0.081400211
Random Totals: 17,375,900 23,234,380 65 320
CATG D1 EXCEPTION VALUES: 22,507,841 18,946,341
CATG J EXCEPTION VALUES: 10,846,880 11,430,282
Total Test Values 50,730,621 53,611,003

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,680,550

Confidence Interval Values(5)

Local Test Value: 50,730,621 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 50,930,453 (State Test Value minus Margin of Error Percent)
State Upper Limit: 56,291,553 (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