taxes Property Tax Assistance

2020 Confidence Interval Detail

Wood County
250-904/Quitman ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 35,899,980 1.0456 34,334,334 15 632 0.020750810
A 41,719,390 0.9888 42,191,940 16 390 0.005581065
A 45,179,430 0.9914 45,571,344 24 294 0.009475216
A 57,148,470 1.0392 54,992,754 15 217 0.014952971
E 303,916,669 1.0156 299,248,394 59 2,926 0.008578810
F1 8,997,735 0.5793 15,532,082 15 95 0.189441388
F1 11,221,720 0.7393 15,178,845 13 45 0.041150875
F1 7,832,780 0.6108 12,823,805 7 10 0.166388099
F1 9,770,940 0.6160 15,861,916 4 5 0.671937417
G1 4,582,270 1.0253 4,469,199 9 53 0.002793225
G1 4,497,530 0.9978 4,507,446 7 20 0.000092597
G1 4,669,560 0.9924 4,705,320 6 11 0.000151762
L1 3,187,050 1.0438 3,053,315 9 46 0.029178204
L1 2,405,700 0.9819 2,450,046 6 11 0.003426756
Random Totals: 541,029,224 554,920,740 205 4,755
CATG D1 EXCEPTION VALUES: 10,865,709 10,862,840
CATG F1 EXCEPTION VALUES: 13,268,240 13,370,070
CATG G1 EXCEPTION VALUES: 12,114,199 12,289,737
CATG L1 EXCEPTION VALUES: 4,999,650 5,735,734
Total Test Values 582,277,022 597,179,121

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 29,858,956

Confidence Interval Values(5)

Local Test Value: 582,277,022 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 567,320,165 (State Test Value minus Margin of Error Percent)
State Upper Limit: 627,038,077 (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