taxes Property Tax Assistance

2023 Confidence Interval Detail

Hopkins County
112-908/Como-Pickton CISD

Category Summary

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

Stratum
Variance
A 14,253,920 0.7362 19,361,478 12 197 0.059317360
A 14,024,460 0.7863 17,836,017 12 117 0.039244903
A 18,529,600 0.7334 25,265,340 11 115 0.027422837
A 20,424,360 0.8818 23,162,123 6 81 0.045647634
E 183,837,500 0.9236 199,044,500 26 1,227 0.040538658
Random Totals: 251,069,840 284,669,458 67 1,737
CATG D1 EXCEPTION VALUES: 9,089,900 7,232,432
Total Test Values 260,159,740 291,901,890

Margin of Error

Margin of Error Percent: 5.6506129
Margin of Error Value: 16,494,246

Confidence Interval Values(5)

Local Test Value: 260,159,740 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 275,407,644 (State Test Value minus Margin of Error Percent)
State Upper Limit: 308,396,136 (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