taxes Property Tax Assistance

2020 Confidence Interval Detail

Henderson County
107-908/Murchison ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 3,575,180 0.9065 3,943,938 11 76 0.041819877
A 5,370,490 1.0053 5,342,176 10 62 0.011739273
A 7,691,900 1.0642 7,227,871 10 63 0.021478226
A 8,505,490 1.0448 8,140,783 7 38 0.014272585
E 12,192,160 0.9375 13,004,971 15 106 0.032596007
F1 2,793,930 0.9019 3,097,827 8 29 0.014695446
Random Totals: 40,129,150 40,757,566 61 374
CATG D1 EXCEPTION VALUES: 590,180 499,421
CATG J EXCEPTION VALUES: 1,598,560 1,671,068
Total Test Values 42,317,890 42,928,055

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,146,403

Confidence Interval Values(5)

Local Test Value: 42,317,890 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 40,781,652 (State Test Value minus Margin of Error Percent)
State Upper Limit: 45,074,458 (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