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McLennan County
2024 Confidence Interval Detail
McLennan County
018-904/Valley Mills 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 | 19,054,565 | 1.0522 | 18,109,262 | 12 | 65 | 0.068789189 |
| A | 3 | 16,959,930 | 1.0150 | 16,709,291 | 12 | 41 | 0.049557185 |
| A | 4 | 18,366,860 | 1.0862 | 16,909,280 | 12 | 37 | 0.029396354 |
| A | 5 | 17,777,020 | 1.2114 | 14,674,773 | 12 | 26 | 0.062218767 |
| E | 0 | 58,002,534 | 1.1664 | 49,727,824 | 20 | 199 | 0.101458243 |
| Random Totals: | 130,160,909 | 116,130,430 | 68 | 368 | |||
| CATG D1 EXCEPTION VALUES: | 2,239,469 | 1,661,420 | |||||
| Total Test Values | 132,400,378 | 117,791,850 |
Margin of Error
| Margin of Error Percent: | 6.4949167 |
|---|---|
| Margin of Error Value: | 7,650,483 |
Confidence Interval Values(5)
| Local Test Value: | 132,400,378 | OUTSIDE CONFIDENCE INTERVAL |
|---|---|---|
| State Lower Limit: | 110,141,367 | (State Test Value minus Margin of Error Percent) |
| State Upper Limit: | 125,442,333 | (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