taxes Property Tax Assistance

2020 Confidence Interval Detail

Loving County
248-902/Wink-Loving ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
G1 1,673,992,763 0.9751 1,716,739,579 9 356 0.002093282
G1 1,677,185,886 1.0090 1,662,225,853 10 151 0.000374653
G1 1,665,598,397 0.9967 1,671,113,070 9 85 0.000802054
G1 1,663,795,141 1.0047 1,656,011,885 8 26 0.000070247
Random Totals: 6,680,572,187 6,706,090,387 36 618
CATG D1 EXCEPTION VALUES: 760,530 863,415
CATG J EXCEPTION VALUES: 214,013,220 228,874,829
Total Test Values 6,895,345,937 6,935,828,631

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 346,791,432

Confidence Interval Values(5)

Local Test Value: 6,895,345,937 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,589,037,199 (State Test Value minus Margin of Error Percent)
State Upper Limit: 7,282,620,063 (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