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Palo Pinto County
2024 Confidence Interval Detail
Palo Pinto County
182-906/Palo Pinto 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 | 200,195,018 | 0.9793 | 204,426,650 | 12 | 469 | 0.013117559 |
| A | 3 | 198,098,830 | 0.9907 | 199,958,444 | 12 | 210 | 0.031992834 |
| A | 4 | 219,358,390 | 1.0797 | 203,166,055 | 12 | 149 | 0.020853455 |
| A | 5 | 332,744,570 | 0.9758 | 340,996,690 | 12 | 123 | 0.035350550 |
| C1 | 2 | 19,847,430 | 1.0727 | 18,502,312 | 27 | 1,268 | 0.133456597 |
| C1 | 3 | 21,409,490 | 0.8958 | 23,899,855 | 12 | 266 | 0.068210468 |
| C1 | 4 | 25,130,380 | 0.8185 | 30,702,969 | 12 | 97 | 0.054124599 |
| C1 | 5 | 17,482,977 | 1.2199 | 14,331,484 | 9 | 26 | 0.059740824 |
| E | 0 | 57,321,080 | 0.9042 | 63,394,249 | 12 | 279 | 0.090613231 |
| Random Totals: | 1,091,588,165 | 1,099,378,708 | 120 | 2,887 | |||
| CATG D1 EXCEPTION VALUES: | 6,921,680 | 6,968,940 | |||||
| Total Test Values | 1,098,509,845 | 1,106,347,648 |
Margin of Error
| Margin of Error Percent: | 5.0000000 |
|---|---|
| Margin of Error Value: | 55,317,382 |
Confidence Interval Values(5)
| Local Test Value: | 1,098,509,845 | WITHIN CONFIDENCE INTERVAL |
|---|---|---|
| State Lower Limit: | 1,051,030,266 | (State Test Value minus Margin of Error Percent) |
| State Upper Limit: | 1,161,665,030 | (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