taxes Property Tax Assistance

2024 Confidence Interval Detail

Gray County
090-903/McLean 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 4,186,080 0.4674 8,956,098 12 203 0.080356774
A 3 3,755,610 0.6878 5,460,323 12 76 0.038546500
A 4 3,583,490 0.7917 4,526,323 12 45 0.060880854
A 5 3,924,930 0.7914 4,959,477 12 26 0.079745806
E 0 11,987,120 0.8169 14,673,914 20 164 0.129858047
G1 2 4,470,040 1.0617 4,210,267 15 193 0.035793818
G1 3 4,505,330 1.0372 4,343,743 15 51 0.088000938
G1 4 4,480,590 1.1065 4,049,336 13 18 0.014534760
Random Totals: 40,893,190 51,179,481 111 776
CATG D1 EXCEPTION VALUES: 6,654,760 4,807,658
CATG G1 EXCEPTION VALUES: 4,289,930 4,200,246
CATG J EXCEPTION VALUES: 9,352,560 9,969,708
Total Test Values 61,190,440 70,157,093

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,507,855

Confidence Interval Values(5)

Local Test Value: 61,190,440 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 66,649,238 (State Test Value minus Margin of Error Percent)
State Upper Limit: 73,664,948 (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