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Midland County
2024 Confidence Interval Detail
Midland County
165-902/Greenwood 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 | 257,299,678 | 0.8926 | 288,258,658 | 34 | 1,020 | 0.041957690 |
| A | 3 | 261,402,818 | 0.9354 | 279,455,653 | 35 | 607 | 0.019366081 |
| A | 4 | 282,418,049 | 0.9397 | 300,540,650 | 32 | 487 | 0.019248224 |
| A | 5 | 288,696,117 | 1.0100 | 285,837,740 | 23 | 333 | 0.043109888 |
| G1 | 2 | 811,634,916 | 1.0019 | 810,095,734 | 10 | 183 | 0.000497981 |
| G1 | 3 | 812,758,542 | 0.9998 | 812,921,126 | 9 | 73 | 0.000195240 |
| G1 | 4 | 822,198,618 | 0.9931 | 827,911,205 | 8 | 38 | 0.000150485 |
| G1 | 5 | 777,703,709 | 0.9974 | 779,731,010 | 5 | 10 | 0.000063476 |
| Random Totals: | 4,314,112,447 | 4,384,751,776 | 156 | 2,751 | |||
| CATG D1 EXCEPTION VALUES: | 5,034,080 | 5,104,137 | |||||
| CATG J EXCEPTION VALUES: | 52,320,657 | 55,197,734 | |||||
| Total Test Values | 4,371,467,184 | 4,445,053,647 |
Margin of Error
| Margin of Error Percent: | 5.0000000 |
|---|---|
| Margin of Error Value: | 222,252,682 |
Confidence Interval Values(5)
| Local Test Value: | 4,371,467,184 | WITHIN CONFIDENCE INTERVAL |
|---|---|---|
| State Lower Limit: | 4,222,800,965 | (State Test Value minus Margin of Error Percent) |
| State Upper Limit: | 4,667,306,329 | (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