taxes Property Tax Assistance

2024 Confidence Interval Detail

Cochran County
040-901/Morton ISD

Category Summary

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

Stratum
Variance
A 2 5,059,870 0.4844 10,445,644 13 334 0.197408519
A 3 4,907,525 0.6376 7,696,871 12 135 0.033888537
A 4 5,253,140 0.8707 6,033,238 13 80 0.018197321
A 5 4,806,313 0.8066 5,958,732 12 45 0.032437724
E 0 9,869,230 0.6727 14,671,072 20 372 0.288292785
F1 2 1,047,982 0.7392 1,417,725 9 69 0.191775523
F1 3 1,125,064 0.8117 1,386,059 7 22 0.047029484
F1 4 1,196,656 0.9037 1,324,174 5 9 0.013623660
F1 5 1,114,030 0.9173 1,214,466 3 4 0.010486169
G1 2 1,667,119 1.0098 1,650,940 5 7 0.000172712
L1 2 4,968,748 0.9935 5,001,256 11 33 0.008200253
Random Totals: 41,015,677 56,800,177 110 1,110
CATG D1 EXCEPTION VALUES: 6,069,708 4,892,915
CATG G1 EXCEPTION VALUES: 1,673,832 1,652,080
CATG J EXCEPTION VALUES: 3,021,444 3,122,188
Total Test Values 51,780,661 66,467,360

Margin of Error

Margin of Error Percent: 6.5642087
Margin of Error Value: 4,363,056

Confidence Interval Values(5)

Local Test Value: 51,780,661 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 62,104,304 (State Test Value minus Margin of Error Percent)
State Upper Limit: 70,830,416 (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