taxes Property Tax Assistance

2024 Confidence Interval Detail

Gray County
033-901/Groom 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
E 0 3,737,500 0.7282 5,132,519 20 52 0.076105062
Random Totals: 3,737,500 5,132,519 20 52
CATG D1 EXCEPTION VALUES: 3,797,100 2,534,460
CATG J EXCEPTION VALUES: 2,826,192 2,971,972
Total Test Values 10,360,792 10,638,951

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 531,948

Confidence Interval Values(5)

Local Test Value: 10,360,792 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 10,107,003 (State Test Value minus Margin of Error Percent)
State Upper Limit: 11,170,899 (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