taxes Property Tax Assistance

2020 Confidence Interval Detail

Jones County
221-904/Merkel ISD

Category Summary

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

Stratum
Variance
E 37,045,690 1.0726 34,538,216 25 394 0.048633354
G1 2,048,970 1.0348 1,980,064 9 42 0.011397736
Random Totals: 39,094,660 36,518,280 34 436
CATG D1 EXCEPTION VALUES: 2,193,025 2,261,072
CATG J EXCEPTION VALUES: 666,560 640,259
Total Test Values 41,954,245 39,419,611

Margin of Error

Margin of Error Percent: 7.6172216
Margin of Error Value: 3,002,679

Confidence Interval Values(5)

Local Test Value: 41,954,245 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 36,416,932 (State Test Value minus Margin of Error Percent)
State Upper Limit: 42,422,290 (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