taxes Property Tax Assistance

2024 Confidence Interval Detail

Hopkins County
112-905/Cumby 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 7,350,020 0.8251 8,908,035 12 99 0.157464887
A 3 11,367,840 0.8880 12,801,622 12 95 0.035468909
A 4 14,566,660 0.8951 16,273,779 12 88 0.064370550
A 5 22,210,870 1.0125 21,936,662 12 86 0.030249102
E 0 99,715,180 0.9617 103,686,368 20 555 0.054398345
Random Totals: 155,210,570 163,606,466 68 923
CATG D1 EXCEPTION VALUES: 3,837,490 3,101,236
CATG J EXCEPTION VALUES: 8,903 9,337
Total Test Values 159,056,963 166,717,039

Margin of Error

Margin of Error Percent: 6.7474944
Margin of Error Value: 11,249,223

Confidence Interval Values(5)

Local Test Value: 159,056,963 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 155,467,816 (State Test Value minus Margin of Error Percent)
State Upper Limit: 177,966,262 (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