taxes Property Tax Assistance

2019 Confidence Interval Detail

Hardeman County
099-902/Chillicothe ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 2,490,070 0.8825 2,821,609 12 139 0.023795908
A 2,371,750 1.0394 2,281,845 11 66 0.016668741
A 2,419,870 0.9511 2,544,286 10 43 0.002517247
A 2,384,050 0.9860 2,417,901 8 24 0.001807019
E 4,664,180 0.9856 4,732,325 15 110 0.005557588
G1 22,229,010 1.0054 22,109,618 15 30 0.000144785
Random Totals: 36,558,930 36,907,584 71 412
CATG D1 EXCEPTION VALUES: 10,057,880 10,373,435
CATG J EXCEPTION VALUES: 2,486,090 2,405,850
Total Test Values(2) 49,102,900 49,686,869

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,484,343

Confidence Interval Values(5)

Local Test Value: 49,102,900 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 47,202,526 (State Test Value minus Margin of Error Percent)
State Upper Limit: 52,171,212 (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