taxes Property Tax Assistance

2017 Confidence Interval Detail

099/Hardeman
099-902/Chillicothe ISD

Category Summary

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

Stratum
Variance
A 1,830,530 0.8277 2,211,586 11 122 .025086640
A 2,275,720 0.8701 2,615,469 10 82 .019640820
A 2,990,570 0.9948 3,006,202 9 61 .008476162
A 2,918,530 1.0476 2,785,920 8 31 .017398902
E 4,596,580 1.0396 4,421,489 13 233 .013163157
G1 2,368,290 1.1449 2,068,556 9 20 .132687448
G1 2,625,020 1.0276 2,554,515 5 7 .003237986
Random Totals: 19,605,240   19,663,737 65 556  
Catg J Exception Values: 1,943,300   1,923,571      
Catg D1 Exception Values: 10,076,510   10,417,088      
Catg G1 Exception Values: 6,920,990   7,127,985      
Total Test Values (4): 38,546,040   39,132,381      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,956,619

Confidence Interval Values (5)

State Lower Limit: 37,175,762 (State Test Value minus Margin of Error Percent)
Local Test Value: 38,546,040 (Within Confidence Interval)
State Upper Limit: 41,089,000 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 66,449,143 (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, 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
(6) Includes local value of unstudied property categories and sub-categories