taxes Property Tax Assistance

2021 Confidence Interval Detail

Gray County
090-905/Grandview-Hopkins ISD

Category Summary

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

Stratum
Variance
E 8,408,570 1.1038 7,617,838 14 84 0.013954373
G1 4,453,352 0.9822 4,534,058 9 72 0.014428979
G1 4,360,450 0.9425 4,626,472 8 24 0.008169194
G1 4,432,489 1.0545 4,203,404 6 14 0.126040796
Random Totals: 21,654,861 20,981,772 37 194
CATG D1 EXCEPTION VALUES: 11,030,855 12,990,087
CATG G1 EXCEPTION VALUES: 4,004,110 3,986,647
CATG J EXCEPTION VALUES: 6,624,140 7,171,508
Total Test Values 43,313,966 45,130,014

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,256,501

Confidence Interval Values(5)

Local Test Value: 43,313,966 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 42,873,513 (State Test Value minus Margin of Error Percent)
State Upper Limit: 47,386,515 (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