taxes Property Tax Assistance

2024 Confidence Interval Detail

Hopkins County
112-907/Miller Grove 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 5,178,590 0.8441 6,135,043 12 58 0.098185923
A 3 5,960,130 0.8811 6,764,419 12 40 0.036864054
A 4 7,345,950 0.9236 7,953,605 12 39 0.014318256
A 5 19,568,890 0.9714 20,145,038 12 64 0.013027654
E 0 114,336,160 0.9540 119,849,224 20 618 0.023453929
Random Totals: 152,389,720 160,847,329 68 819
CATG D1 EXCEPTION VALUES: 4,100,370 3,320,500
Total Test Values 156,490,090 164,167,829

Margin of Error

Margin of Error Percent: 5.0180719
Margin of Error Value: 8,238,060

Confidence Interval Values(5)

Local Test Value: 156,490,090 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 155,929,769 (State Test Value minus Margin of Error Percent)
State Upper Limit: 172,405,889 (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