taxes Property Tax Assistance

2019 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
A 728,110 0.9637 755,536 9 38 0.000858572
A 750,270 0.9556 785,130 8 25 0.023449430
A 814,080 1.0061 809,144 7 18 0.020815364
A 697,620 0.9734 716,684 5 9 0.002808423
E 4,572,840 0.9830 4,651,923 20 143 0.012415296
Random Totals: 7,562,920 7,718,417 49 233
CATG D1 EXCEPTION VALUES: 15,937,010 13,491,005
CATG J EXCEPTION VALUES: 7,251,870 6,963,753
Total Test Values(2) 30,751,800 28,173,175

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,408,659

Confidence Interval Values(5)

Local Test Value: 30,751,800 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 26,764,516 (State Test Value minus Margin of Error Percent)
State Upper Limit: 29,581,834 (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