taxes Property Tax Assistance

2016 Confidence Interval Detail

211/Sherman
098-901/Gruver ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
E 2,619,790 0.9436 2,776,378 11 34 .007850573
G1 1,365,090 0.9638 1,416,362 6 15 .023336823
G1 1,548,630 0.9796 1,580,880 5 9 .006158430
G1 1,319,700 1.0850 1,216,313 3 5 .001481360
G1 1,160,250 1.0924 1,062,111 3 4 .010180048
Random Totals: 8,013,460   8,052,044 28 67  
Catg D1 Exception Values: 9,714,660   11,261,586      
Total Test Values (4): 17,728,120   19,313,630      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 965,681

Confidence Interval Values (5)

Local Test Value: 17,728,120 (Outside Confidence Interval)
State Lower Limit: 18,347,949 (State Test Value minus Margin of Error Percent)
State Upper Limit: 20,279,311 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 22,879,995 (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