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Palo Pinto County
2024 Confidence Interval Detail
Palo Pinto County
182-903/Mineral Wells 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 | 218,595,220 | 0.9806 | 222,919,865 | 23 | 2,064 | 0.043137126 |
| A | 3 | 248,512,155 | 0.9808 | 253,376,993 | 25 | 1,401 | 0.018226443 |
| A | 4 | 287,916,020 | 0.9827 | 292,984,655 | 29 | 1,194 | 0.016372697 |
| A | 5 | 277,005,460 | 1.0358 | 267,431,415 | 18 | 700 | 0.053084965 |
| E | 0 | 401,517,562 | 0.9640 | 416,511,994 | 22 | 1,721 | 0.031721229 |
| F1 | 2 | 63,323,030 | 0.9983 | 63,430,862 | 10 | 271 | 0.005346671 |
| F1 | 3 | 71,107,080 | 0.9477 | 75,031,212 | 10 | 130 | 0.005484954 |
| F1 | 4 | 74,307,036 | 0.9775 | 76,017,428 | 9 | 67 | 0.002758147 |
| F1 | 5 | 58,734,639 | 0.9753 | 60,222,125 | 6 | 14 | 0.006885685 |
| Random Totals: | 1,701,018,202 | 1,727,926,549 | 152 | 7,562 | |||
| CATG D1 EXCEPTION VALUES: | 4,913,670 | 5,018,072 | |||||
| Total Test Values | 1,705,931,872 | 1,732,944,621 |
Margin of Error
| Margin of Error Percent: | 5.0000000 |
|---|---|
| Margin of Error Value: | 86,647,231 |
Confidence Interval Values(5)
| Local Test Value: | 1,705,931,872 | WITHIN CONFIDENCE INTERVAL |
|---|---|---|
| State Lower Limit: | 1,646,297,390 | (State Test Value minus Margin of Error Percent) |
| State Upper Limit: | 1,819,591,852 | (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