taxes Property Tax Assistance

2017 Confidence Interval Detail

097/Hamilton
050-909/Jonesboro ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 880,770 0.9169 960,595 6 18 .013284817
A 889,630 0.8980 990,679 6 14 .004818565
A 897,810 1.0387 864,359 5 10 .011228769
A 743,960 0.9301 799,871 3 5 .023634034
D2 1,569,800 1.0951 1,433,476 13 76 .020910151
E 11,643,030 0.7404 15,725,324 20 138 .141037603
Random Totals: 16,625,000   20,774,304 53 261  
Catg D1 Exception Values: 3,615,200   3,306,611      
Total Test Values (4): 20,240,200   24,080,915      

Margin of Error

Margin of Error Percent: 10.2173858
Margin of Error Value: 2,460,440

Confidence Interval Values (5)

Local Test Value: 20,240,200 (Outside Confidence Interval)
State Lower Limit: 21,620,475 (State Test Value minus Margin of Error Percent)
State Upper Limit: 26,541,355 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 22,825,858 (See ISD Summary Worksheet)

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
(6) Includes local value of unstudied property categories and sub-categories