taxes Property Tax Assistance

2019 Confidence Interval Detail

Hall County
096-904/Memphis ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 8,948,760 0.8552 10,463,938 15 445 0.040861195
A 8,446,110 0.9554 8,840,391 15 210 0.005735097
A 9,066,370 0.9628 9,416,670 15 149 0.003005161
A 8,130,000 0.9603 8,466,104 15 69 0.019795248
F1 4,122,850 0.9440 4,367,426 9 84 0.009893240
F1 3,559,320 0.9375 3,796,608 7 15 0.003266978
F1 5,133,010 0.9764 5,257,077 4 8 0.003413320
Random Totals: 47,406,420 50,608,214 80 980
CATG D1 EXCEPTION VALUES: 43,887,242 50,492,147
CATG F1 EXCEPTION VALUES: 3,026,430 3,087,105
CATG J EXCEPTION VALUES: 10,166,670 10,270,041
Total Test Values(3) 104,486,762 114,457,507

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,722,875

Confidence Interval Values(5)

Local Test Value: 104,486,762 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 108,734,632 (State Test Value minus Margin of Error Percent)
State Upper Limit: 120,180,382 (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