taxes Property Tax Assistance

2022 Confidence Interval Detail

Hopkins County
112-905/Cumby ISD

Category Summary

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

Stratum
Variance
A 4,686,450 0.7648 6,127,680 15 96 0.035537806
A 9,165,320 0.8008 11,445,205 15 109 0.116882611
A 9,088,350 0.7422 12,245,150 15 75 0.070134505
A 14,355,710 0.8140 17,636,007 15 77 0.025684582
E 68,918,960 0.8852 77,856,936 21 529 0.030347168
Random Totals: 106,214,790 125,310,978 81 886
CATG D1 EXCEPTION VALUES: 4,543,590 3,818,258
CATG J EXCEPTION VALUES: 8,571,325 8,913,510
Total Test Values 119,329,705 138,042,746

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,902,137

Confidence Interval Values(5)

Local Test Value: 119,329,705 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 131,140,609 (State Test Value minus Margin of Error Percent)
State Upper Limit: 144,944,883 (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