taxes Property Tax Assistance

2022 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 4,316,522 0.8558 5,043,844 10 313 0.139828835
A 4,852,531 0.7621 6,367,315 9 157 0.055372198
A 4,536,816 0.8412 5,393,267 7 82 0.065996000
A 5,587,964 0.8548 6,537,160 14 62 0.096893302
E 8,943,208 0.9198 9,722,992 19 304 0.093054600
F1 981,133 0.9666 1,015,035 10 69 0.010544427
F1 1,032,562 0.9620 1,073,349 8 24 0.019096268
F1 1,002,470 0.9518 1,053,236 6 9 0.010495295
F1 871,374 0.9218 945,266 3 4 0.015725184
L1 3,576,958 0.9360 3,821,536 8 29 0.010804638
Random Totals: 35,701,538 40,973,000 94 1,053
CATG D1 EXCEPTION VALUES: 10,783,653 7,712,802
Total Test Values 46,485,191 48,685,802

Margin of Error

Margin of Error Percent: 5.0136807
Margin of Error Value: 2,440,951

Confidence Interval Values(5)

Local Test Value: 46,485,191 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 46,244,851 (State Test Value minus Margin of Error Percent)
State Upper Limit: 51,126,753 (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