taxes Property Tax Assistance

2023 Confidence Interval Detail

Knox County
138-904/Benjamin ISD

Category Summary

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

Stratum
Variance
E 5,168,880 0.6160 8,391,039 19 140 0.134024303
Random Totals: 5,168,880 8,391,039 19 140
CATG D1 EXCEPTION VALUES: 14,288,160 14,161,068
CATG J EXCEPTION VALUES: 15,542,860 15,620,885
Total Test Values 34,999,900 38,172,992

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,908,650

Confidence Interval Values(5)

Local Test Value: 34,999,900 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 36,264,342 (State Test Value minus Margin of Error Percent)
State Upper Limit: 40,081,642 (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