taxes Property Tax Assistance

2020 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 9,154,620 0.8421 10,871,179 13 462 0.053097658
A 9,028,950 0.8482 10,644,836 13 227 0.035455271
A 8,594,490 0.9930 8,655,076 12 144 0.005387306
A 8,263,430 0.9523 8,677,339 11 72 0.004735289
F1 3,821,590 0.8377 4,562,003 9 82 0.087715515
F1 3,971,930 0.9268 4,285,639 8 17 0.014608696
F1 3,923,580 0.9802 4,002,836 5 6 0.004634906
Random Totals: 46,758,590 51,698,908 71 1,010
CATG D1 EXCEPTION VALUES: 48,213,611 51,045,437
CATG F1 EXCEPTION VALUES: 2,917,450 2,845,204
CATG J EXCEPTION VALUES: 22,287,630 23,051,236
Total Test Values 120,177,281 128,640,785

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,432,039

Confidence Interval Values(5)

Local Test Value: 120,177,281 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 122,208,746 (State Test Value minus Margin of Error Percent)
State Upper Limit: 135,072,824 (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