taxes Property Tax Assistance

2020 Confidence Interval Detail

Gray County
090-905/Grandview-Hopkins ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
E 5,415,350 0.9460 5,724,471 17 79 0.031358447
G1 4,601,796 0.9871 4,661,935 9 67 0.001445633
G1 4,774,937 0.9849 4,848,144 8 25 0.005005832
G1 4,883,396 0.9595 5,089,522 5 10 0.002249481
Random Totals: 19,675,479 20,324,072 39 181
CATG D1 EXCEPTION VALUES: 8,150,260 11,965,346
CATG G1 EXCEPTION VALUES: 9,642,100 9,195,006
CATG J EXCEPTION VALUES: 958,120 1,122,012
Total Test Values 38,425,959 42,606,436

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,130,322

Confidence Interval Values(5)

Local Test Value: 38,425,959 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 40,476,114 (State Test Value minus Margin of Error Percent)
State Upper Limit: 44,736,758 (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