taxes Property Tax Assistance

2020 Confidence Interval Detail

Mitchell County
168-901/Colorado ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 25,740,351 0.9296 27,689,706 15 727 0.011790849
A 26,350,691 0.9368 28,128,406 16 446 0.017801164
A 26,566,112 0.9082 29,251,390 16 285 0.023279732
A 27,193,159 0.9042 30,074,274 16 162 0.022809591
E 44,176,492 0.9297 47,516,932 21 488 0.018939851
F1 9,349,582 0.9957 9,389,959 15 127 0.012072947
F1 8,417,852 0.9693 8,684,465 13 36 0.005122853
F1 9,707,063 0.9395 10,332,159 9 18 0.017581751
F1 7,784,225 0.7882 9,875,952 4 5 0.005630478
G1 3,742,710 0.9035 4,142,457 8 40 0.088163847
G1 3,637,674 1.0051 3,619,216 6 12 0.001055198
G1 4,604,679 0.9335 4,932,704 5 7 0.019660757
Random Totals: 197,270,590 213,637,620 144 2,353
CATG D1 EXCEPTION VALUES: 21,403,395 23,971,608
CATG G1 EXCEPTION VALUES: 10,443,089 10,340,695
CATG J EXCEPTION VALUES: 78,190,260 80,564,130
Total Test Values 307,307,334 328,514,053

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,425,703

Confidence Interval Values(5)

Local Test Value: 307,307,334 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 312,088,350 (State Test Value minus Margin of Error Percent)
State Upper Limit: 344,939,756 (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