taxes Property Tax Assistance

2022 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 4,316,522 0.8558 5,043,844 10 313 0.139828835
A 4,852,531 0.7247 6,695,917 10 157 0.062709486
A 4,536,816 0.7726 5,872,141 9 82 0.067261709
A 5,587,964 0.8438 6,622,380 14 62 0.090598885
E 8,943,208 0.8455 10,577,419 20 304 0.085662918
F1 981,133 0.8204 1,195,920 10 69 0.032098921
F1 1,032,562 0.8612 1,198,980 8 24 0.085387033
F1 1,002,470 0.8414 1,191,431 6 9 0.032534005
F1 871,374 0.8874 981,933 3 4 0.024104199
L1 3,576,958 0.9360 3,821,536 8 29 0.010804638
Random Totals: 35,701,538 43,201,501 98 1,053
CATG D1 EXCEPTION VALUES: 10,783,653 7,712,802
Total Test Values 46,485,191 50,914,303

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,545,715

Confidence Interval Values(5)

Local Test Value: 46,485,191 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 48,368,588 (State Test Value minus Margin of Error Percent)
State Upper Limit: 53,460,018 (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