taxes Property Tax Assistance

2018 Confidence Interval Detail

049/Cooke
049-908/Walnut Bend ISD

Category Summary

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

Stratum
Variance
A 2,240,212 1.0368 2,160,698 14 33 .024096798
E 3,515,488 1.0674 3,293,506 19 58 .018635160
G1 1,532,080 1.0258 1,493,547 15 29 .047421639
Random Totals: 7,287,780   6,947,751 48 120  
Catg D1 Exception Values: 853,628   609,346      
Catg G1 Exception Values: 4,346,865   4,385,955      
Total Test Values (4): 12,488,273   11,943,052      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 597,152

Confidence Interval Values (5)

State Lower Limit: 11,345,900 (State Test Value minus Margin of Error Percent)
Local Test Value: 12,488,273 (Within Confidence Interval)
State Upper Limit: 12,540,204 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 13,253,297 (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