taxes Property Tax Assistance

2017 Confidence Interval Detail

110/Hockley
110-901/Anton ISD

Category Summary

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

Stratum
Variance
A 5,444,740 0.8687 6,267,687 15 203 .021651582
A 5,933,520 0.8922 6,650,437 15 105 .006598915
A 5,808,659 0.9135 6,358,685 15 60 .009563334
A 6,680,560 0.9668 6,909,971 15 35 .003190732
Random Totals: 23,867,479   26,186,780 60 403  
Catg J Exception Values: 471,300   776,277      
Catg D1 Exception Values: 8,569,295   3,973,451      
Total Test Values (4): 32,908,074   30,936,508      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,546,825

Confidence Interval Values (5)

State Lower Limit: 29,389,683 (State Test Value minus Margin of Error Percent)
State Upper Limit: 32,483,333 (State Test Value plus Margin of Error Percent)
Local Test Value: 32,908,074 (Outside Confidence Interval)
Value Assigned (6): 42,448,325 (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, 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
(6) Includes local value of unstudied property categories and sub-categories