taxes Property Tax Assistance

2024 Confidence Interval Detail

Hemphill County
106-901/Canadian 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 24,812,200 0.7715 32,160,985 10 375 0.077358392
A 3 23,109,180 0.8055 28,689,236 11 205 0.054592485
A 4 22,604,090 0.7386 30,603,967 10 138 0.026556041
A 5 23,194,810 0.7220 32,125,776 9 79 0.003145052
G1 2 91,490,800 0.9863 92,761,634 10 597 0.078337426
G1 3 91,203,650 1.0663 85,532,824 10 181 0.009756757
G1 4 91,176,621 1.0928 83,433,950 10 98 0.012779422
G1 5 91,252,740 1.0217 89,314,613 8 36 0.001010327
Random Totals: 458,844,091 474,622,985 78 1,709
CATG D1 EXCEPTION VALUES: 11,988,810 20,732,928
CATG J EXCEPTION VALUES: 9,223,791 9,698,270
Total Test Values 480,056,692 505,054,183

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 25,252,709

Confidence Interval Values(5)

Local Test Value: 480,056,692 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 479,801,474 (State Test Value minus Margin of Error Percent)
State Upper Limit: 530,306,892 (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