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Grimes County
2024 Confidence Interval Detail
Grimes County
093-903/Iola 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 | 64,565,680 | 0.9299 | 69,432,928 | 16 | 245 | 0.034428360 |
| A | 3 | 63,437,900 | 0.9758 | 65,011,170 | 11 | 119 | 0.008116484 |
| A | 4 | 70,192,680 | 1.0021 | 70,045,584 | 11 | 106 | 0.003257392 |
| A | 5 | 93,866,304 | 1.0214 | 91,899,651 | 10 | 105 | 0.008517544 |
| E | 0 | 261,968,615 | 0.9461 | 276,893,156 | 23 | 1,047 | 0.026597188 |
| G1 | 2 | 42,078,319 | 1.0268 | 40,980,054 | 8 | 37 | 0.007778768 |
| Random Totals: | 596,109,498 | 614,262,543 | 79 | 1,659 | |||
| CATG D1 EXCEPTION VALUES: | 5,241,965 | 4,541,545 | |||||
| CATG J EXCEPTION VALUES: | 5,461,946 | 5,707,529 | |||||
| Total Test Values | 606,813,409 | 624,511,617 |
Margin of Error
| Margin of Error Percent: | 5.0000000 |
|---|---|
| Margin of Error Value: | 31,225,581 |
Confidence Interval Values(5)
| Local Test Value: | 606,813,409 | WITHIN CONFIDENCE INTERVAL |
|---|---|---|
| State Lower Limit: | 593,286,036 | (State Test Value minus Margin of Error Percent) |
| State Upper Limit: | 655,737,198 | (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