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 0.7362 25,724,192 18 554 0.131965461
A 17,312,350 0.7547 22,939,380 14 241 0.030070312
A 17,501,690 0.8779 19,935,858 15 162 0.021322273
A 24,216,910 0.8403 28,819,362 15 134 0.046235703
E 106,632,500 0.7875 135,406,349 20 1,426 0.204242813
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: 229,071,741 277,568,280 106 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 55,770,635
Total Test Values 312,343,361 362,580,645

Margin of Error

Margin of Error Percent: 7.6090101
Margin of Error Value: 27,588,798

Confidence Interval Values(5)

Local Test Value: 312,343,361 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 334,991,847 (State Test Value minus Margin of Error Percent)
State Upper Limit: 390,169,443 (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