taxes Property Tax Assistance

2016 Confidence Interval Detail

112/Hopkins
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 2,883,180 0.8835 3,263,362 9 62 .026543931
A 2,304,220 0.8961 2,571,387 8 32 .021053332
A 3,657,570 0.9238 3,959,266 7 38 .002485690
A 2,303,150 0.9647 2,387,426 7 16 .009924199
E 42,613,240 0.8888 47,944,689 9 556 .013469205
Random Totals: 53,761,360   60,126,130 40 704  
Catg D1 Exception Values: 4,395,220   4,487,904      
Total Test Values (4): 58,156,580   64,614,034      

Margin of Error

Margin of Error Percent: 5.8213979
Margin of Error Value: 3,761,440

Confidence Interval Values (5)

Local Test Value: 58,156,580 (Outside Confidence Interval)
State Lower Limit: 60,852,594 (State Test Value minus Margin of Error Percent)
State Upper Limit: 68,375,474 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 51,505,043 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories