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Hood County
2024 Confidence Interval Detail
Hood County
111-903/Tolar 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 | 33,420,896 | 1.0052 | 33,248,006 | 10 | 166 | 0.002003143 |
| A | 3 | 21,626,150 | 1.0160 | 21,285,581 | 9 | 76 | 0.004198852 |
| A | 4 | 23,432,700 | 1.0128 | 23,136,552 | 15 | 68 | 0.001974007 |
| A | 5 | 16,357,420 | 0.9849 | 16,608,204 | 9 | 39 | 0.005043442 |
| E | 0 | 337,361,659 | 0.9663 | 349,127,247 | 22 | 1,247 | 0.017501519 |
| Random Totals: | 432,198,825 | 443,405,590 | 65 | 1,596 | |||
| CATG D1 EXCEPTION VALUES: | 6,691,860 | 6,532,532 | |||||
| CATG J EXCEPTION VALUES: | 692,320 | 739,470 | |||||
| Total Test Values | 439,583,005 | 450,677,592 |
Margin of Error
| Margin of Error Percent: | 5.0000000 |
|---|---|
| Margin of Error Value: | 22,533,880 |
Confidence Interval Values(5)
| Local Test Value: | 439,583,005 | WITHIN CONFIDENCE INTERVAL |
|---|---|---|
| State Lower Limit: | 428,143,712 | (State Test Value minus Margin of Error Percent) |
| State Upper Limit: | 473,211,472 | (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