taxes Property Tax Assistance

2024 Confidence Interval Detail

Nacogdoches County
174-909/Martinsville ISD

Category Summary

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

Stratum
Variance
A 2 8,958,690 0.9074 9,872,923 11 96 0.053774148
A 3 7,816,630 1.0101 7,738,471 9 47 0.028277496
A 4 8,085,860 1.0941 7,390,421 10 34 0.044698806
A 5 6,932,660 1.3181 5,259,586 8 15 0.016879210
E 0 60,940,849 1.0303 59,148,645 23 354 0.056346584
G1 2 30,678,363 1.0035 30,571,363 7 22 0.000033654
Random Totals: 123,413,052 119,981,409 68 568
CATG D1 EXCEPTION VALUES: 6,020,571 5,182,594
CATG J EXCEPTION VALUES: 304,929 327,964
Total Test Values 129,738,552 125,491,967

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,274,598

Confidence Interval Values(5)

Local Test Value: 129,738,552 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 119,217,369 (State Test Value minus Margin of Error Percent)
State Upper Limit: 131,766,565 (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