taxes Property Tax Assistance

2024 Confidence Interval Detail

Wheeler County
242-902/Shamrock 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 12,734,310 0.7716 16,503,771 12 361 0.174065025
A 3 11,210,900 0.8859 12,654,814 12 160 0.060040045
A 4 18,247,350 0.9583 19,041,375 12 164 0.033652547
A 5 18,941,930 1.0208 18,555,966 13 99 0.013241287
E 0 27,819,340 0.6912 40,247,888 20 390 0.230978048
F1 2 5,486,680 0.8116 6,760,325 9 85 0.014921653
F1 3 6,128,420 0.9310 6,582,621 8 27 0.006332919
F1 4 7,071,470 0.8841 7,998,496 5 8 0.015889918
G1 2 2,487,220 0.9907 2,510,568 9 51 0.000142143
G1 3 2,294,860 0.9996 2,295,778 4 6 0.000009843
Random Totals: 112,422,480 133,151,602 104 1,351
CATG D1 EXCEPTION VALUES: 9,598,368 8,955,407
CATG F1 EXCEPTION VALUES: 5,217,250 5,626,905
CATG G1 EXCEPTION VALUES: 4,599,990 4,637,339
CATG J EXCEPTION VALUES: 3,725,448 3,992,496
Total Test Values 135,563,536 156,363,749

Margin of Error

Margin of Error Percent: 6.1833954
Margin of Error Value: 9,668,589

Confidence Interval Values(5)

Local Test Value: 135,563,536 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 146,695,160 (State Test Value minus Margin of Error Percent)
State Upper Limit: 166,032,338 (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