taxes Property Tax Assistance

2021 Confidence Interval Detail

Hockley County
110-906/Smyer ISD

Category Summary

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

Stratum
Variance
A 11,978,472 0.6423 18,649,341 13 246 0.098622972
A 14,914,140 0.7479 19,941,356 15 158 0.060627586
A 14,562,010 0.9153 15,909,549 13 92 0.026126796
A 14,831,520 1.0149 14,613,775 11 48 0.006043972
E 5,465,076 0.8974 6,089,900 10 212 0.284636343
G1 9,724,830 0.9911 9,812,158 8 29 0.000738438
Random Totals: 71,476,048 85,016,079 70 785
CATG D1 EXCEPTION VALUES: 11,929,994 8,948,218
CATG G1 EXCEPTION VALUES: 3,860,380 3,854,861
CATG J EXCEPTION VALUES: 6,464,980 7,378,776
Total Test Values 93,731,402 105,197,934

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,259,897

Confidence Interval Values(5)

Local Test Value: 93,731,402 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 99,938,037 (State Test Value minus Margin of Error Percent)
State Upper Limit: 110,457,831 (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