taxes Property Tax Assistance

2023 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 4,772,513 0.4835 9,870,761 12 321 0.074367766
A 4,246,159 0.5822 7,293,300 12 128 0.017882780
A 4,307,591 0.7921 5,438,191 11 73 0.053675564
A 6,704,514 0.8385 7,995,843 13 70 0.044582409
E 9,235,377 0.9094 10,155,462 18 306 0.243071996
F1 1,053,114 1.0285 1,023,932 9 71 0.026682956
F1 1,011,446 0.9360 1,080,605 8 22 0.046841401
F1 1,219,272 1.0504 1,160,769 6 10 0.003996689
F1 914,096 0.9920 921,507 3 4 0.000048151
G1 1,152,794 0.9959 1,157,540 4 6 0.000099163
L1 4,378,378 0.9780 4,476,869 12 37 0.017951955
Random Totals: 38,995,254 50,574,779 108 1,048
CATG D1 EXCEPTION VALUES: 5,824,915 6,350,594
CATG G1 EXCEPTION VALUES: 4,140,887 3,976,589
CATG J EXCEPTION VALUES: 2,324,589 2,352,541
Total Test Values 51,285,645 63,254,503

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,162,725

Confidence Interval Values(5)

Local Test Value: 51,285,645 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 60,091,778 (State Test Value minus Margin of Error Percent)
State Upper Limit: 66,417,228 (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