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McLennan County
2024 Confidence Interval Detail
McLennan County
161-907/Lorena 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 | 256,263,612 | 0.9816 | 261,067,249 | 13 | 933 | 0.012173247 |
| A | 3 | 232,982,398 | 0.9781 | 238,198,955 | 26 | 593 | 0.014769926 |
| A | 4 | 224,456,244 | 0.9895 | 226,838,043 | 23 | 432 | 0.008410286 |
| A | 5 | 305,536,817 | 1.0351 | 295,176,135 | 19 | 392 | 0.014674446 |
| E | 0 | 180,256,716 | 1.0040 | 179,538,562 | 20 | 566 | 0.123347000 |
| Random Totals: | 1,199,495,787 | 1,200,818,944 | 101 | 2,916 | |||
| CATG D1 EXCEPTION VALUES: | 4,032,126 | 3,732,983 | |||||
| Total Test Values | 1,203,527,913 | 1,204,551,927 |
Margin of Error
| Margin of Error Percent: | 5.0000000 |
|---|---|
| Margin of Error Value: | 60,227,596 |
Confidence Interval Values(5)
| Local Test Value: | 1,203,527,913 | WITHIN CONFIDENCE INTERVAL |
|---|---|---|
| State Lower Limit: | 1,144,324,331 | (State Test Value minus Margin of Error Percent) |
| State Upper Limit: | 1,264,779,523 | (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