taxes Property Tax Assistance

2021 Confidence Interval Detail

Hopkins County
112-907/Miller Grove ISD

Category Summary

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

Stratum
Variance
A 3,668,210 0.7833 4,683,021 16 67 0.029393916
A 2,547,370 0.7971 3,195,797 14 29 0.056647285
A 4,775,620 0.8344 5,723,418 14 41 0.057103605
A 6,597,610 0.9038 7,299,856 14 37 0.044438059
E 61,268,840 0.9326 65,696,805 21 575 0.029441388
Random Totals: 78,857,650 86,598,897 79 749
CATG D1 EXCEPTION VALUES: 5,318,880 4,926,338
Total Test Values 84,176,530 91,525,235

Margin of Error

Margin of Error Percent: 5.3590796
Margin of Error Value: 4,904,910

Confidence Interval Values(5)

Local Test Value: 84,176,530 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 86,620,325 (State Test Value minus Margin of Error Percent)
State Upper Limit: 96,430,145 (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