quantitative methods
posted by Karen .
21. The Seneca Children’s Fund (SFC) is a local charity that runs a summer camp for
disadvantaged children. The fund’s board of directors has been working very hard
over recent years to decrease the amount of overhead expenses; a major factor is
how charities are rated by independent agencies. The following data show the
percentage of the money SCF has raised that were spent on administrative and fund
raising expenses for 20032009.
Year Period (t) Expense (%)
2003 1 13.9
2004 2 12.2
2005 3 10.5
2006 4 10.4
2007 5 11.5
2008 6 10.0
2009 7 8.5

quantitative methods 
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