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 0.4832 10,471,585 13 334 0.197488185
A 3 4,907,525 0.6340 7,740,576 12 135 0.031717259
A 4 5,253,140 0.8677 6,054,097 13 80 0.018045875
A 5 4,806,313 0.7917 6,070,877 13 45 0.029114611
E 0 9,869,230 0.6696 14,738,993 20 372 0.292205949
F1 2 1,047,982 0.6203 1,689,476 9 69 0.181519213
F1 3 1,125,064 0.7924 1,419,818 7 22 0.044260521
F1 4 1,196,656 0.9037 1,324,174 5 9 0.013623660
F1 5 1,114,030 0.9151 1,217,386 3 4 0.010441431
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 57,379,178 111 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 67,046,361

Margin of Error

Margin of Error Percent: 6.5531187
Margin of Error Value: 4,393,628

Confidence Interval Values(5)

Local Test Value: 51,780,661 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 62,652,733 (State Test Value minus Margin of Error Percent)
State Upper Limit: 71,439,989 (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