taxes Property Tax Assistance

2020 Confidence Interval Detail

Hopkins County
112-907/Miller Grove ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 3,464,900 0.7231 4,791,730 9 66 0.011547697
A 3,648,330 0.7581 4,812,465 10 43 0.041337941
A 3,793,280 0.8329 4,554,304 8 34 0.026169196
A 4,292,800 0.8265 5,193,950 7 25 0.086112230
E 51,917,710 0.8411 61,725,966 22 568 0.047962975
Random Totals: 67,117,020 81,078,415 56 736
CATG D1 EXCEPTION VALUES: 5,303,310 4,593,903
CATG J EXCEPTION VALUES: 588,053 652,657
Total Test Values 73,008,383 86,324,975

Margin of Error

Margin of Error Percent: 6.7213554
Margin of Error Value: 5,802,208

Confidence Interval Values(5)

Local Test Value: 73,008,383 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 80,522,767 (State Test Value minus Margin of Error Percent)
State Upper Limit: 92,127,183 (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