taxes Property Tax Assistance

2019 Confidence Interval Detail

Young County
252-903/Olney ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 11,995,962 0.8125 14,764,261 13 450 0.142386359
A 12,570,110 0.8383 14,994,763 15 234 0.034824842
A 12,553,071 0.9655 13,001,627 14 156 0.044450984
A 11,329,600 1.0101 11,216,315 15 82 0.008436859
E 24,694,572 1.1116 22,215,340 18 314 0.042944971
F1 1,790,190 0.7753 2,309,029 9 73 0.195782204
F1 1,854,620 0.7251 2,557,744 8 31 0.025813815
F1 2,100,960 0.8220 2,555,912 6 14 0.010067968
F1 1,941,250 0.8146 2,383,071 4 6 0.048429140
G1 1,879,700 1.0032 1,873,704 8 38 0.000802034
G1 1,820,220 1.0142 1,794,735 6 11 0.000324530
G1 1,926,730 1.0137 1,900,691 3 4 0.001313493
Random Totals: 86,456,985 91,567,192 119 1,413
CATG D1 EXCEPTION VALUES: 8,911,433 8,196,372
CATG G1 EXCEPTION VALUES: 3,660,540 3,650,650
Total Test Values(2) 99,028,958 103,414,214

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,170,711

Confidence Interval Values(5)

Local Test Value: 99,028,958 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 98,243,503 (State Test Value minus Margin of Error Percent)
State Upper Limit: 108,584,925 (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