taxes Property Tax Assistance

2020 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 4,848,000 0.9469 5,119,865 14 58 0.030989661
E 18,627,210 1.0012 18,604,884 20 173 0.163459219
Random Totals: 23,475,210 23,724,749 34 231
CATG D1 EXCEPTION VALUES: 3,728,630 3,012,456
CATG J EXCEPTION VALUES: 1,008,593 1,250,516
Total Test Values 28,212,433 27,987,721

Margin of Error

Margin of Error Percent: 11.6020767
Margin of Error Value: 3,247,157

Confidence Interval Values(5)

Local Test Value: 28,212,433 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 24,740,564 (State Test Value minus Margin of Error Percent)
State Upper Limit: 31,234,878 (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