taxes Property Tax Assistance

2021 Confidence Interval Detail

Hopkins County
112-908/Como-Pickton CISD

Category Summary

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

Stratum
Variance
A 9,516,270 0.7270 13,089,780 15 209 0.057031404
A 7,824,660 0.8514 9,190,345 16 97 0.065887411
A 13,008,320 0.9278 14,020,608 14 110 0.028538620
A 15,585,650 0.9575 16,277,441 12 80 0.003591930
E 116,388,680 0.9394 123,896,828 26 1,185 0.095338312
Random Totals: 162,323,580 176,475,002 83 1,681
CATG D1 EXCEPTION VALUES: 9,146,920 8,544,818
Total Test Values 171,470,500 185,019,820

Margin of Error

Margin of Error Percent: 8.0747331
Margin of Error Value: 14,939,857

Confidence Interval Values(5)

Local Test Value: 171,470,500 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 170,079,963 (State Test Value minus Margin of Error Percent)
State Upper Limit: 199,959,677 (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