taxes Property Tax Assistance

2019 Confidence Interval Detail

Shelby County
210-903/Shelbyville ISD

Category Summary

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

Stratum
Variance
A 5,981,750 0.7126 8,394,260 10 214 0.276880490
A 7,453,381 0.9295 8,018,699 9 129 0.025187153
A 6,923,240 0.9596 7,214,714 9 75 0.019268191
A 8,191,870 0.8348 9,812,973 8 49 0.150834476
E 64,111,395 0.8951 71,624,841 19 943 0.120899041
G1 23,658,690 0.9944 23,791,925 9 49 0.000095744
G1 32,032,898 0.9948 32,200,340 4 6 0.000108064
Random Totals: 148,353,224 161,057,752 68 1,465
CATG D1 EXCEPTION VALUES: 16,289,310 15,542,938
CATG G1 EXCEPTION VALUES: 65,252,230 64,952,459
CATG J EXCEPTION VALUES: 860,600 904,491
Total Test Values(3) 230,755,364 242,457,640

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,122,882

Confidence Interval Values(5)

Local Test Value: 230,755,364 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 230,334,758 (State Test Value minus Margin of Error Percent)
State Upper Limit: 254,580,522 (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