taxes Property Tax Assistance

2018 Confidence Interval Detail

197/Roberts
197-902/Miami ISD

Category Summary

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

Stratum
Variance
G1 78,508,744 1.0044 78,164,819 15 346 .021216581
G1 79,048,879 0.9986 79,159,703 15 104 .006720988
G1 78,273,106 1.0295 76,030,215 15 53 .009842974
G1 78,200,760 1.0034 77,935,778 15 20 .004577449
Random Totals: 314,031,489   311,290,515 60 523  
Catg J Exception Values: 29,426,021   30,522,706      
Catg D1 Exception Values: 27,220,470   25,862,199      
Total Test Values (4): 370,677,980   367,675,420      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 18,383,771

Confidence Interval Values (5)

State Lower Limit: 349,291,649 (State Test Value minus Margin of Error Percent)
Local Test Value: 370,677,980 (Within Confidence Interval)
State Upper Limit: 386,059,191 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 496,367,471 (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