taxes Property Tax Assistance

2024 Confidence Interval Detail

Crane County
052-901/Crane 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 34,931,280 0.8328 41,944,380 12 575 0.047626032
A 3 36,013,490 0.8613 41,812,946 12 291 0.019398823
A 4 39,102,670 0.9987 39,153,570 12 215 0.000356661
A 5 33,788,820 0.9965 33,907,496 12 122 0.000670625
G1 2 188,656,009 1.0070 187,344,597 11 140 0.002391825
G1 3 198,785,163 1.0037 198,052,369 7 19 0.001420681
G1 4 351,374,347 1.0251 342,770,800 2 3 0.002083724
Random Totals: 882,651,779 884,986,158 68 1,365
CATG D1 EXCEPTION VALUES: 1,268,780 1,550,281
CATG G1 EXCEPTION VALUES: 286,502,178 281,573,688
CATG J EXCEPTION VALUES: 96,833,838 99,724,662
Total Test Values 1,267,256,575 1,267,834,789

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 63,391,739

Confidence Interval Values(5)

Local Test Value: 1,267,256,575 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,204,443,050 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,331,226,528 (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