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176/Newton
2016 Confidence Interval Detail
176/Newton
176-902/Newton ISD
Category Summary
| (1) Category |
(1) Local Value |
(1) Stratum Ratio |
(1) State Value |
(2) Sample Size |
(3) Total Parcels |
Stratum Variance |
|---|---|---|---|---|---|---|
| A | 26,695,003 | 0.9266 | 28,809,630 | 10 | 807 | .028170951 |
| A | 28,042,449 | 1.0054 | 27,891,833 | 12 | 419 | .002733455 |
| A | 31,263,154 | 0.9827 | 31,813,528 | 10 | 303 | .083947855 |
| A | 30,370,379 | 1.0025 | 30,294,642 | 9 | 158 | .025829734 |
| E | 67,219,080 | 1.0211 | 65,830,066 | 15 | 1,394 | .065636614 |
| G1 | 11,285,340 | 1.0054 | 11,224,726 | 15 | 47 | .086188025 |
| Random Totals: | 194,875,405 | 195,864,425 | 71 | 3,128 | ||
| Catg D1 Exception Values: | 48,498,763 | 53,108,765 | ||||
| Total Test Values (4): | 243,374,168 | 248,973,190 |
Margin of Error
| Margin of Error Percent: | 5.0000000 |
|---|---|
| Margin of Error Value: | 12,448,659 |
Confidence Interval Values (5)
| State Lower Limit: | 236,524,531 | (State Test Value minus Margin of Error Percent) |
|---|---|---|
| Local Test Value: | 243,374,168 | (Within Confidence Interval) |
| State Upper Limit: | 261,421,849 | (State Test Value plus Margin of Error Percent) |
| Value Assigned (6): | 238,369,171 | (See ISD Summary Worksheet) |
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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories