taxes Property Tax Assistance

2020 Confidence Interval Detail

Knox County
138-904/Benjamin ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 750,670 0.9569 784,481 8 38 0.002609246
A 788,740 0.8231 958,255 8 26 0.046537140
A 778,430 0.9467 822,256 7 17 0.006110292
A 699,620 0.9509 735,745 5 9 0.009511836
E 4,552,860 0.9961 4,570,686 20 141 0.045606673
G1 513,170 1.0237 501,289 7 17 0.000422956
Random Totals: 8,083,490 8,372,712 55 248
CATG D1 EXCEPTION VALUES: 16,022,760 13,433,821
CATG G1 EXCEPTION VALUES: 1,456,660 1,470,063
CATG J EXCEPTION VALUES: 239,950 240,979
Total Test Values 25,802,860 23,517,575

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,175,879

Confidence Interval Values(5)

Local Test Value: 25,802,860 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 22,341,696 (State Test Value minus Margin of Error Percent)
State Upper Limit: 24,693,454 (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