taxes Property Tax Assistance

2019 Confidence Interval Detail

Hamilton County
050-909/Jonesboro ISD

Category Summary

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

Stratum
Variance
A 946,870 0.8325 1,137,381 6 20 0.038214922
A 514,350 0.9629 534,168 3 6 0.011310732
A 1,252,080 0.9134 1,370,790 1 9 0.000000000
D2 1,291,950 0.9919 1,302,500 15 74 0.014334860
E 17,180,360 0.8717 19,709,028 20 166 0.030916766
Random Totals: 21,185,610 24,053,867 45 275
CATG D1 EXCEPTION VALUES: 3,543,120 2,971,114
Total Test Values(1) 24,728,730 27,024,981

Margin of Error

Margin of Error Percent: 5.4708940
Margin of Error Value: 1,478,508

Confidence Interval Values(5)

Local Test Value: 24,728,730 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 25,546,473 (State Test Value minus Margin of Error Percent)
State Upper Limit: 28,503,489 (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