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Hood County
2024 Confidence Interval Detail
Hood County
111-902/Lipan 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 | 9,251,530 | 1.0375 | 8,917,137 | 11 | 80 | 0.015746415 |
| A | 3 | 8,495,200 | 1.0149 | 8,370,480 | 10 | 44 | 0.004176077 |
| A | 4 | 9,423,210 | 1.0440 | 9,026,063 | 10 | 33 | 0.011922740 |
| A | 5 | 7,815,110 | 1.0549 | 7,408,389 | 8 | 19 | 0.000640538 |
| E | 0 | 154,080,461 | 0.9920 | 155,323,045 | 20 | 617 | 0.005157407 |
| Random Totals: | 189,065,511 | 189,045,114 | 59 | 793 | |||
| CATG D1 EXCEPTION VALUES: | 3,446,940 | 3,404,344 | |||||
| CATG J EXCEPTION VALUES: | 2,272,310 | 2,426,727 | |||||
| Total Test Values | 194,784,761 | 194,876,185 |
Margin of Error
| Margin of Error Percent: | 5.0000000 |
|---|---|
| Margin of Error Value: | 9,743,809 |
Confidence Interval Values(5)
| Local Test Value: | 194,784,761 | WITHIN CONFIDENCE INTERVAL |
|---|---|---|
| State Lower Limit: | 185,132,376 | (State Test Value minus Margin of Error Percent) |
| State Upper Limit: | 204,619,994 | (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