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 0.4486 10,638,683 12 321 0.055529446
A 4,246,159 0.5589 7,597,350 12 128 0.009230569
A 4,307,591 0.7802 5,521,137 11 73 0.059081705
A 6,704,514 0.7816 8,577,935 13 70 0.022476068
E 9,235,377 0.8516 10,844,736 19 306 0.344210764
F1 1,053,114 0.8935 1,178,639 9 71 0.009940274
F1 1,011,446 0.8596 1,176,647 8 22 0.022040477
F1 1,219,272 0.9705 1,256,334 6 10 0.002328494
F1 914,096 0.9599 952,295 3 4 0.004907476
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 53,378,165 109 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 66,057,889

Margin of Error

Margin of Error Percent: 5.0374983
Margin of Error Value: 3,327,665

Confidence Interval Values(5)

Local Test Value: 51,285,645 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 62,730,224 (State Test Value minus Margin of Error Percent)
State Upper Limit: 69,385,554 (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