taxes Property Tax Assistance

2018 Confidence Interval Detail

096/Hall
096-904/Memphis ISD

Category Summary

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

Stratum
Variance
A 8,967,400 0.5986 14,980,621 10 453 .165927592
A 8,306,340 0.8716 9,529,991 10 210 .044711981
A 9,067,850 0.9536 9,509,071 9 153 .019018863
A 9,374,090 1.0168 9,219,207 9 83 .004132784
E 7,343,320 0.9097 8,072,244 13 415 .040168477
F1 3,835,010 0.6148 6,237,817 9 86 .171230074
F1 4,743,620 0.8666 5,473,829 7 24 .036487239
F1 4,486,510 0.9404 4,770,853 4 7 .006325756
Random Totals: 56,124,140   67,793,633 71 1,431  
Catg J Exception Values: 18,256,810   19,083,091      
Catg D1 Exception Values: 38,078,040   47,158,203      
Catg F1 Exception Values: 3,139,610   2,583,287      
Total Test Values (4): 115,598,600   136,618,214      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,830,910

Confidence Interval Values (5)

Local Test Value: 115,598,600 (Outside Confidence Interval)
State Lower Limit: 129,787,304 (State Test Value minus Margin of Error Percent)
State Upper Limit: 143,449,124 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 153,930,812 (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