taxes Property Tax Assistance

2024 Confidence Interval Detail

Hardeman County
099-902/Chillicothe 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 2,389,290 0.5944 4,019,667 12 104 0.122783659
A 3 2,866,260 0.9252 3,097,990 12 64 0.043962330
A 4 3,909,770 0.9007 4,340,813 13 56 0.035844010
A 5 8,635,760 1.0033 8,607,356 10 66 0.023273391
E 0 9,087,830 0.8579 10,593,111 20 119 0.112291973
G1 2 20,510,650 1.0443 19,640,573 11 26 0.003036857
Random Totals: 47,399,560 50,299,510 78 435
CATG D1 EXCEPTION VALUES: 9,832,700 9,174,801
CATG G1 EXCEPTION VALUES: 5,992,030 5,980,221
CATG J EXCEPTION VALUES: 4,146,460 4,369,552
Total Test Values 67,370,750 69,824,084

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,491,204

Confidence Interval Values(5)

Local Test Value: 67,370,750 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 66,332,880 (State Test Value minus Margin of Error Percent)
State Upper Limit: 73,315,288 (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