taxes Property Tax Assistance

2016 Confidence Interval Detail

112/Hopkins
112-906/North Hopkins ISD

Category Summary

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

Stratum
Variance
A 4,590,160 0.8888 5,164,446 10 111 .021813161
A 4,648,410 0.9561 4,861,845 9 69 .011836848
A 4,953,900 0.9001 5,503,722 7 55 .022996774
A 5,176,680 0.9350 5,536,556 8 31 .004278319
E 55,041,120 0.9116 60,378,587 15 843 .071437564
G1 1,292,517 3.2560 396,965 4 6 2.949894001
Random Totals: 75,702,787   81,842,121 53 1,115  
Catg D1 Exception Values: 5,720,100   5,852,158      
Catg G1 Exception Values: 2,772,101   2,764,314      
Total Test Values (4): 84,194,988   90,458,593      

Margin of Error

Margin of Error Percent: 9.2344892
Margin of Error Value: 8,353,389

Confidence Interval Values (5)

State Lower Limit: 82,105,204 (State Test Value minus Margin of Error Percent)
Local Test Value: 84,194,988 (Within Confidence Interval)
State Upper Limit: 98,811,982 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 78,542,377 (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