taxes Property Tax Assistance

2024 Confidence Interval Detail

Nolan County
221-905/Trent 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
E 0 6,706,430 0.9628 6,965,548 20 90 0.010384558
Random Totals: 6,706,430 6,965,548 20 90
CATG D1 EXCEPTION VALUES: 1,930,842 1,841,729
CATG J EXCEPTION VALUES: 4,703,005 4,905,655
Total Test Values 13,340,277 13,712,932

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 685,647

Confidence Interval Values(5)

Local Test Value: 13,340,277 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 13,027,285 (State Test Value minus Margin of Error Percent)
State Upper Limit: 14,398,579 (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