taxes Property Tax Assistance

2024 Confidence Interval Detail

Hardeman County
099-903/Quanah 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 7,963,900 0.8038 9,907,813 12 276 0.151852790
A 3 11,374,030 0.8854 12,846,205 12 212 0.119102096
A 4 14,787,120 0.8974 16,477,736 12 176 0.077375221
A 5 37,327,750 0.9138 40,848,928 12 237 0.034065919
E 0 28,063,510 0.9964 28,164,904 20 322 0.057750916
G1 2 47,229,890 0.9901 47,702,141 9 45 0.000458276
Random Totals: 146,746,200 155,947,727 77 1,268
CATG D1 EXCEPTION VALUES: 31,760,330 27,544,645
CATG J EXCEPTION VALUES: 22,624,930 23,849,205
Total Test Values 201,131,460 207,341,577

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,367,079

Confidence Interval Values(5)

Local Test Value: 201,131,460 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 196,974,498 (State Test Value minus Margin of Error Percent)
State Upper Limit: 217,708,656 (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