taxes Property Tax Assistance

2022 Confidence Interval Detail

Hopkins County
112-907/Miller Grove ISD

Category Summary

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

Stratum
Variance
A 3,140,870 0.6935 4,529,012 12 53 0.078105476
A 4,347,580 0.8310 5,231,745 10 42 0.008816449
A 7,013,260 0.7938 8,835,047 10 50 0.017109740
A 9,800,750 0.9178 10,678,525 9 45 0.015152382
E 80,667,100 0.8295 97,247,860 21 594 0.083077513
Random Totals: 104,969,560 126,522,189 62 784
CATG D1 EXCEPTION VALUES: 4,913,710 4,026,175
Total Test Values 109,883,270 130,548,364

Margin of Error

Margin of Error Percent: 9.2519611
Margin of Error Value: 12,078,284

Confidence Interval Values(5)

Local Test Value: 109,883,270 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 118,470,080 (State Test Value minus Margin of Error Percent)
State Upper Limit: 142,626,648 (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