taxes Property Tax Assistance

2023 Confidence Interval Detail

Nolan County
221-905/Trent ISD

Category Summary

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

Stratum
Variance
E 7,444,270 1.0585 7,032,848 20 89 0.096424510
G1 3,251,900 1.0186 3,192,519 9 48 0.001187189
Random Totals: 10,696,170 10,225,367 29 137
CATG D1 EXCEPTION VALUES: 2,139,600 2,772,634
CATG J EXCEPTION VALUES: 4,586,440 4,767,788
Total Test Values 17,422,210 17,765,789

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 888,289

Confidence Interval Values(5)

Local Test Value: 17,422,210 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 16,877,500 (State Test Value minus Margin of Error Percent)
State Upper Limit: 18,654,078 (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