taxes Property Tax Assistance

2020 Confidence Interval Detail

Hopkins County
112-906/North Hopkins ISD

Category Summary

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

Stratum
Variance
A 5,686,660 0.6769 8,401,034 11 123 0.046218602
A 5,733,000 0.7989 7,176,117 10 75 0.044447909
A 6,679,260 0.9614 6,947,431 10 58 0.019670462
A 6,559,260 1.0271 6,386,194 8 30 0.011059840
E 67,539,390 0.8389 80,509,465 22 884 0.059360072
G1 850,363 0.9605 885,334 4 5 0.001594204
Random Totals: 93,047,933 110,305,575 65 1,175
CATG D1 EXCEPTION VALUES: 6,781,349 5,911,578
CATG G1 EXCEPTION VALUES: 4,904,957 4,902,747
CATG J EXCEPTION VALUES: 7,030,939 7,299,737
Total Test Values 111,765,178 128,419,637

Margin of Error

Margin of Error Percent: 6.5410894
Margin of Error Value: 8,400,043

Confidence Interval Values(5)

Local Test Value: 111,765,178 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 120,019,594 (State Test Value minus Margin of Error Percent)
State Upper Limit: 136,819,680 (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