taxes Property Tax Assistance

2021 Confidence Interval Detail

Cochran County
040-901/Morton ISD

Category Summary

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

Stratum
Variance
A 4,528,064 0.9373 4,830,966 15 330 0.016325803
A 4,797,240 0.9141 5,248,047 15 152 0.009643767
A 4,318,639 0.9647 4,476,665 15 78 0.007150425
A 4,593,779 0.9971 4,607,140 15 51 0.001017168
E 8,137,212 0.8969 9,072,597 22 299 0.157538332
F1 971,735 0.9138 1,063,400 9 68 0.030090382
F1 1,051,567 0.9060 1,160,670 8 24 0.025048104
F1 1,117,209 0.9860 1,133,072 5 10 0.000668541
G1 1,320,635 0.9598 1,375,948 5 7 0.022039128
L1 4,927,710 1.0171 4,844,863 8 33 0.003045305
Random Totals: 35,763,790 37,813,368 117 1,052
CATG D1 EXCEPTION VALUES: 14,254,856 8,477,297
CATG F1 EXCEPTION VALUES: 871,374 946,655
CATG G1 EXCEPTION VALUES: 1,399,472 1,435,735
CATG J EXCEPTION VALUES: 2,037,764 2,365,194
Total Test Values 54,327,256 51,038,249

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,551,912

Confidence Interval Values(5)

Local Test Value: 54,327,256 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 48,486,337 (State Test Value minus Margin of Error Percent)
State Upper Limit: 53,590,161 (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