taxes Property Tax Assistance

2021 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 41,598,010 0.9734 42,734,754 17 657 0.054595760
A 44,289,329 0.9624 46,019,669 14 375 0.009894180
A 56,474,192 1.0025 56,333,359 24 330 0.003159315
A 67,111,726 0.9882 67,913,101 12 224 0.000659510
E 334,624,096 0.9875 338,859,844 55 2,964 0.059509214
F1 9,545,090 0.7820 12,205,997 17 90 0.047538373
F1 13,934,380 0.6960 20,020,661 15 58 0.222603406
F1 11,909,430 0.7656 15,555,682 9 15 0.044930574
F1 8,629,142 0.9151 9,429,825 4 5 0.179992164
Random Totals: 588,115,395 609,072,892 167 4,718
CATG D1 EXCEPTION VALUES: 13,331,058 10,557,284
CATG F1 EXCEPTION VALUES: 12,435,510 12,905,271
Total Test Values 613,881,963 632,535,447

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 31,626,772

Confidence Interval Values(5)

Local Test Value: 613,881,963 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 600,908,675 (State Test Value minus Margin of Error Percent)
State Upper Limit: 664,162,219 (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