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 2003-2009.
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
What is your question?
To analyze the data for the Seneca Children's Fund (SCF), we can create a table to organize the given information:
| 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 |
Based on the table, we can see that the data provided includes the years from 2003 to 2009, along with corresponding values for the period (t) and the percentage of money spent on administrative and fundraising expenses.
It is clear that the SCF has been able to decrease their overhead expenses over the years, as the expense percentage gradually decreased from 13.9% in 2003 to 8.5% in 2009.
If you have any specific questions regarding this data, please let me know, and I'll be happy to assist you further.
To analyze the data and understand the trend in administrative and fundraising expenses for the Seneca Children's Fund (SCF) from 2003 to 2009, you can calculate the average percentage of expenses for each year and then plot a line graph to visualize the trend.
Here's how you can do it:
1. Calculate the average percentage of expenses for each year by summing up the expense percentages for all seven periods and dividing it by seven.
- For 2003: (13.9) / 1 = 13.9%
- For 2004: (13.9 + 12.2) / 2 = 13.05%
- For 2005: (13.9 + 12.2 + 10.5) / 3 = 12.2%
- For 2006: (13.9 + 12.2 + 10.5 + 10.4) / 4 = 11.75%
- For 2007: (13.9 + 12.2 + 10.5 + 10.4 + 11.5) / 5 = 11.7%
- For 2008: (13.9 + 12.2 + 10.5 + 10.4 + 11.5 + 10.0) / 6 = 11.183%
- For 2009: (13.9 + 12.2 + 10.5 + 10.4 + 11.5 + 10.0 + 8.5) / 7 = 11.371%
2. Plot a line graph with the year (x-axis) and the average expense percentage (y-axis).
- The x-axis should have years from 2003 to 2009.
- The y-axis should have the average expense percentages for each year.
By plotting the yearly data on a line graph, you will be able to observe the trend in expenses over time for the SCF.
Note: The calculation provided here assumes that the data points represent the percentage of expenses spent during each period of time.