taxes Property Tax Assistance

2020 Confidence Interval Detail

Montague County
169-902/Nocona ISD

Category Summary

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

Stratum
Variance
A 33,245,438 0.8976 37,038,144 15 645 0.063379761
A 34,393,440 0.9827 34,998,921 15 352 0.025772205
A 33,955,330 0.9765 34,772,483 22 222 0.008291077
A 36,159,060 0.9602 37,657,842 17 124 0.009238423
E 78,958,580 1.0054 78,534,494 21 639 0.041554914
F1 6,172,110 0.9009 6,851,049 9 82 0.024375042
F1 6,313,140 0.9254 6,822,066 8 35 0.043707631
F1 6,712,400 0.9862 6,806,327 7 17 0.002676684
F1 5,863,790 0.9493 6,176,962 4 6 0.001233843
Random Totals: 241,773,288 249,658,288 118 2,122
CATG D1 EXCEPTION VALUES: 5,757,860 4,701,539
CATG J EXCEPTION VALUES: 9,217,947 11,442,822
Total Test Values 256,749,095 265,802,649

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,290,132

Confidence Interval Values(5)

Local Test Value: 256,749,095 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 252,512,517 (State Test Value minus Margin of Error Percent)
State Upper Limit: 279,092,781 (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