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Business Statistics OPMT 1130

Operations Management Course

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International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

Course details

Includes descriptive statistics, including numerical and graphical presentation of data, measures of central tendency, dispersion and elementary probabilities. Introduction to several discrete and continuous probability distributions . Introduction to inferential statistics through selected topics such as sampling, confidence limits of the mean, hypotheses testing, simple linear regression and the chi-squared test for independence.

Prerequisite(s)

  • No prerequisites are required for this course.

Credits

5.5

Domestic fees

$849.41 - $863.16 See individual course offerings below for actual costs.

Course offerings

Winter 2024

Below are four offerings of OPMT 1130 for the Winter 2024 term.

CRN 91762

Duration

Sat Jan 06 - Sat Apr 20 (15 weeks)

  • 15 weeks
  • CRN 91762
  • Domestic fees $863.16
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Jan 06 - Feb 10 Sat 08:30 - 13:00 Online
Feb 17 Sat 08:30 - 13:00 Burnaby SE06 Rm. 209
Feb 24 - Apr 13 Sat 08:30 - 13:00 Online
Apr 20 Sat 08:30 - 13:00 Burnaby SE06 Rm. 209
Instructor

Judy Li

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Domestic fees

$863.16

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. No class on March 9th. Please note: The final exam will be held in person at the BCIT Burnaby campus on Saturday, April 20 at 8:30 am
Status

CRN 91761

Duration

Tue Jan 09 - Tue May 14 (18 weeks)

  • 18 weeks
  • CRN 91761
  • Domestic fees $863.16
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Jan 09 - May 14 Tue 18:00 - 21:45 Burnaby NE01 Rm. 320
Instructor

Myra Andrews

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Domestic fees

$863.16

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. No class on March 12
Status

CRN 91763

Duration

Tue Jan 09 - Thu Feb 29 (8 weeks)

  • 8 weeks
  • CRN 91763
  • Domestic fees $849.41
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Jan 09 - Feb 29 Tue, Thu 17:45 - 22:00 Downtown DTC Rm. 472
Instructor

Judy Li

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Domestic fees

$849.41

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
Status

CRN 91768

Duration

Wed Jan 10 - Wed May 01 (17 weeks)

  • 17 weeks
  • CRN 91768
  • Domestic fees $863.16
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Jan 10 - May 01 Wed 18:00 - 20:00 Burnaby SE06 Rm. 112
Jan 10 - May 01 N/A N/A Online
Instructor

Sam Choo

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Domestic fees

$863.16

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. This is a hybrid course. Lecture content will be delivered asynchronously online, and labs will be held in-person at the Burnaby campus on Wednesdays.
Status

Learning Outcomes

Upon successful completion of this course, the student will be able to:

  • Discuss the value of statistical information in a variety of business disciplines and work environments.
  • Assess statistical information portrayed in the media, work and educational environments.
  • Organize and analyze quantitative data.
  • Calculate descriptive statistics measures such as the mean, weighted mean, median, mode, standard deviation, coefficient of variation and variance.
  • Use graphical techniques to present data in such a manner that it is understood by and meaningful to colleagues and clients.
  • Analyze data presented in frequency distributions, histograms and boxplots.
  • Apply the common rules of probability to evaluate business alternatives.
  • Analyze and calculate probabilities for Binomial, Poisson, Uniform and Exponential probability distributions.
  • Calculate expected values and standard deviations for random variables.
  • Construct and interpret a confidence interval estimate for a single population mean using both the standard normal and t distributions.
  • Establish and interpret a confidence interval estimate for a single population proportion.
  • Determine the required sample size for estimating a single population mean or proportion.
  • Carry out an appropriate hypothesis test on a single population mean or proportion.
  • Interpret the p-value of the test statistic.
  • Carry out a hypothesis test comparing two population means or proportions.
  • Construct a contingency table and perform a chi squared test of independence.
  • Analyze simple two-variable problems using linear regression and correlation.
  • Interpret the results of a computer generated regression model and ANOVA table.

Effective as of Winter 2020

Related Programs

Business Statistics (OPMT 1130) is offered as a part of the following programs:

School of Business + Media

  1. Accounting
    Diploma Full-time
  2. Accounting
    Diploma Part-time
  3. Business Information Technology Management (Artificial Intelligence Management Option)
    Diploma Full-time
  4. Business Information Technology Management (Enterprise Systems Management Option)
    Diploma Full-time
  5. Business Operations Management
    Diploma Full-time
  6. Finance
    Diploma Full-time
  7. Finance
    Diploma Part-time
  8. Financial Management (Finance Option)
    Certificate Part-time
  9. Financial Management (Professional Accounting Option)
    Certificate Part-time
  10. Financial Planning
    Diploma Full-time
  11. Financial Planning
    Diploma Part-time
  12. General Insurance and Risk Management
    Diploma Full-time
  13. Global Trade and Transportation Management
    Diploma Full-time
  14. International Trade and Transportation Logistics
    Certificate Part-time
  15. Lean Six Sigma Principles
    Associate Certificate Part-time
  16. Marketing Management
    Diploma Full-time
  17. Operations Management (Industrial Engineering Option)
    Certificate Part-time
  18. Operations Management (Management Engineering Option)
    Certificate Part-time
  19. Professional Accounting
    Advanced Diploma Full-time/Part-time
  20. Quality and Process Management
    Certificate Part-time
  21. Six Sigma Business Improvement
    Statement of Completion Part-time

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