taxes Property Tax Assistance

2020 Confidence Interval Detail

Palo Pinto County
182-905/Strawn ISD

Category Summary

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

Stratum
Variance
A 3,691,620 1.0424 3,541,462 10 116 0.055881034
A 4,625,220 1.1322 4,085,162 9 77 0.027182949
A 3,964,920 0.9598 4,130,986 8 42 0.050466439
A 5,007,210 1.0463 4,785,635 8 34 0.038070851
E 14,112,080 0.9071 15,557,359 20 145 0.722091752
F1 4,601,310 0.9362 4,914,879 8 37 0.002039139
G1 734,410 0.9967 736,842 9 80 0.000131068
G1 747,800 0.9970 750,050 4 6 0.000433361
Random Totals: 37,484,570 38,502,375 76 537
CATG D1 EXCEPTION VALUES: 5,301,990 4,706,148
CATG G1 EXCEPTION VALUES: 3,953,410 3,966,774
CATG J EXCEPTION VALUES: 3,261,920 4,081,485
Total Test Values 50,001,890 51,256,782

Margin of Error

Margin of Error Percent: 10.8814546
Margin of Error Value: 5,577,483

Confidence Interval Values(5)

Local Test Value: 50,001,890 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 45,679,299 (State Test Value minus Margin of Error Percent)
State Upper Limit: 56,834,265 (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