taxes Property Tax Assistance

2021 Confidence Interval Detail

Hardeman County
099-902/Chillicothe ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 2,397,090 0.8876 2,700,642 10 132 0.038399857
A 2,497,920 0.7604 3,285,008 9 67 0.401520338
A 2,892,290 0.9067 3,189,908 13 50 0.014341729
A 2,729,780 0.9375 2,911,765 7 27 0.002942221
E 5,098,960 0.9442 5,400,297 10 114 0.009606634
G1 8,340,200 0.9870 8,450,051 8 29 0.001012712
Random Totals: 23,956,240 25,937,671 57 419
CATG D1 EXCEPTION VALUES: 10,047,980 8,813,108
CATG G1 EXCEPTION VALUES: 4,399,180 4,404,240
CATG J EXCEPTION VALUES: 2,973,550 3,139,125
Total Test Values 41,376,950 42,294,144

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,114,707

Confidence Interval Values(5)

Local Test Value: 41,376,950 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 40,179,437 (State Test Value minus Margin of Error Percent)
State Upper Limit: 44,408,851 (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