taxes Property Tax Assistance

2019 Confidence Interval Detail

Cochran County
040-901/Morton ISD

Category Summary

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

Stratum
Variance
A 4,540,343 0.5471 8,298,927 14 324 0.026897052
A 4,287,824 0.8685 4,937,045 16 136 0.039948971
A 4,448,201 1.0011 4,443,313 16 82 0.023108116
A 4,416,695 1.0824 4,080,465 14 50 0.018770470
E 8,082,188 0.7907 10,221,561 22 283 0.252663202
F1 932,576 1.0077 925,450 9 66 0.011102850
F1 987,472 0.9338 1,057,477 7 23 0.088622821
F1 945,270 0.9580 986,712 5 9 0.002379185
F1 1,043,315 0.7551 1,381,691 2 4 0.012242400
G1 1,062,055 1.0060 1,055,721 5 7 0.004741891
L1 1,089,550 0.9775 1,114,629 7 27 0.005282751
L1 1,755,102 1.0125 1,733,434 2 9 0.000242525
L1 1,584,561 0.9725 1,629,369 1 4 0.000000000
Random Totals: 35,175,152 41,865,794 120 1,024
CATG D1 EXCEPTION VALUES: 13,991,170 9,891,550
CATG G1 EXCEPTION VALUES: 5,578,097 5,476,164
CATG J EXCEPTION VALUES: 1,550,683 1,593,506
Total Test Values(3) 56,295,102 58,827,014

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,941,351

Confidence Interval Values(5)

Local Test Value: 56,295,102 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 55,885,663 (State Test Value minus Margin of Error Percent)
State Upper Limit: 61,768,365 (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