taxes Property Tax Assistance

2023 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 9,108,700 0.6439 14,146,141 12 134 0.127830144
A 8,142,860 0.7551 10,783,817 12 76 0.109901972
A 9,040,090 0.7443 12,145,761 12 63 0.054630150
A 15,814,030 0.7923 19,959,649 13 72 0.051942518
E 85,286,270 0.8795 96,971,313 20 553 0.222709086
Random Totals: 127,391,950 154,006,681 69 898
CATG D1 EXCEPTION VALUES: 4,542,441 3,625,195
CATG J EXCEPTION VALUES: 9,249 9,591
Total Test Values 131,943,640 157,641,467

Margin of Error

Margin of Error Percent: 13.0055454
Margin of Error Value: 20,502,133

Confidence Interval Values(5)

Local Test Value: 131,943,640 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 137,139,334 (State Test Value minus Margin of Error Percent)
State Upper Limit: 178,143,600 (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