taxes Property Tax Assistance

2020 Confidence Interval Detail

Hopkins County
112-905/Cumby ISD

Category Summary

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

Stratum
Variance
A 5,429,550 0.7832 6,932,520 10 135 0.038889580
A 5,979,650 0.8937 6,690,892 11 87 0.027263918
A 5,881,090 0.8674 6,780,136 10 62 0.047801023
A 6,610,490 0.9951 6,643,041 10 43 0.052046378
E 43,872,370 0.8937 49,090,713 18 505 0.146714461
Random Totals: 67,773,150 76,137,302 59 832
CATG D1 EXCEPTION VALUES: 4,567,484 4,014,143
CATG J EXCEPTION VALUES: 8,026,944 8,928,836
Total Test Values 80,367,578 89,080,281

Margin of Error

Margin of Error Percent: 9.9575079
Margin of Error Value: 8,870,176

Confidence Interval Values(5)

Local Test Value: 80,367,578 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 80,210,105 (State Test Value minus Margin of Error Percent)
State Upper Limit: 97,950,457 (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