taxes Property Tax Assistance

2024 Confidence Interval Detail

Sherman County
211-901/Texhoma 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 3,259,830 0.6565 4,965,468 9 57 0.070940131
A 3 3,483,170 0.7935 4,389,628 10 34 0.049972094
A 4 2,493,920 0.8478 2,941,637 11 16 0.027030420
A 5 4,092,570 1.0283 3,979,938 6 17 0.025214851
E 0 12,520,820 1.0932 11,453,366 21 105 0.250180503
G1 2 3,150,860 1.0010 3,147,712 9 48 0.000059941
G1 3 3,402,180 1.0001 3,401,840 6 13 0.000012228
Random Totals: 32,403,350 34,279,589 72 290
CATG D1 EXCEPTION VALUES: 37,765,852 35,574,361
CATG G1 EXCEPTION VALUES: 12,592,540 12,576,985
CATG J EXCEPTION VALUES: 10,810,986 11,346,446
Total Test Values 93,572,728 93,777,381

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,688,869

Confidence Interval Values(5)

Local Test Value: 93,572,728 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 89,088,512 (State Test Value minus Margin of Error Percent)
State Upper Limit: 98,466,250 (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