taxes Property Tax Assistance

2021 Confidence Interval Detail

Knox County
138-904/Benjamin ISD

Category Summary

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

Stratum
Variance
E 4,484,210 0.9163 4,893,823 21 141 0.018815133
Random Totals: 4,484,210 4,893,823 21 141
CATG D1 EXCEPTION VALUES: 15,949,280 13,451,345
CATG J EXCEPTION VALUES: 12,647,560 13,269,546
Total Test Values 33,081,050 31,614,714

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,580,736

Confidence Interval Values(5)

Local Test Value: 33,081,050 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 30,033,978 (State Test Value minus Margin of Error Percent)
State Upper Limit: 33,195,450 (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