taxes Property Tax Assistance

2023 Confidence Interval Detail

Hardeman County
099-902/Chillicothe ISD

Category Summary

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

Stratum
Variance
A 2,841,870 0.6289 4,518,795 14 129 0.109605622
A 3,051,290 0.7366 4,142,398 14 67 0.083573247
A 2,932,510 0.6956 4,215,799 12 43 0.037138691
A 2,684,700 0.7362 3,646,699 10 23 0.026505578
E 5,667,770 0.6638 8,538,370 12 113 0.140968385
G1 26,658,830 1.0068 26,478,774 8 31 0.001711858
Random Totals: 43,836,970 51,540,835 70 406
CATG D1 EXCEPTION VALUES: 10,056,340 10,881,646
CATG J EXCEPTION VALUES: 4,041,200 4,068,841
Total Test Values 57,934,510 66,491,322

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,324,566

Confidence Interval Values(5)

Local Test Value: 57,934,510 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 63,166,756 (State Test Value minus Margin of Error Percent)
State Upper Limit: 69,815,888 (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