taxes Property Tax Assistance

2023 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 5,707,490 0.8235 6,930,771 14 70 0.070730966
A 6,035,400 0.7565 7,978,057 12 45 0.015376931
A 5,467,800 0.7862 6,954,719 12 32 0.021371822
A 9,802,920 0.8844 11,084,261 11 40 0.028833944
E 93,103,110 0.8026 116,001,881 20 599 0.130488776
Random Totals: 120,116,720 148,949,689 69 786
CATG D1 EXCEPTION VALUES: 4,923,540 3,845,334
Total Test Values 125,040,260 152,795,023

Margin of Error

Margin of Error Percent: 12.0672502
Margin of Error Value: 18,438,158

Confidence Interval Values(5)

Local Test Value: 125,040,260 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 134,356,865 (State Test Value minus Margin of Error Percent)
State Upper Limit: 171,233,181 (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