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Statistics for Business and Industry OPMT 1197

Operations Management Course

International Fees

International fees are typically three times the amount of domestic fees. The exact cost will be displayed prior to confirming 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

4.5

Cost

$100.72 - $794.67 See individual course offerings below for actual costs.

Course offerings

Fall 2023

Below are five offerings of OPMT 1197 for the Fall 2023 term.

CRN 40419

Duration

Start any time

  • 24 weeks
  • CRN 40419
  • $100.72
Continuous Entry, Distance or Online

This is an online learning course. Start any time. You have 24 weeks from the date you register to complete this course.

Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Cost

$100.72

Important information
  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. You cannot register into this section unless you are currently registered into the 30 week OPMT 1197 Distance Education course and you require extra time to complete. Departmental approval is needed, please e-mail Ruth_MacKay@bcit.ca
Status

CRN 39501

Duration

Start any time

  • 30 weeks
  • CRN 39501
  • $791.10
Continuous Entry, Distance or Online

This is an online learning course. Start any time. You have 30 weeks from the date you register to complete this course.

Instructor

Chris Kellman

Course outline

View

Cost

$791.10

Important information
  1. Internet delivery format.
  2. Start any time this Fall. You have 30 weeks from the date you register to complete this course. Note: Students may register at any time through the year and have 30 weeks in which to complete the course. A textbook and a course manual must be purchased at: BCIT Bookstore or online at: www.bcitbookstore.ca/distance/ Students must submit email address when registering. To be successful in our online courses, plan to spend 7-10 hours per course each week on your studies, starting Week 1
Status

CRN 46262

Duration

Fri Sep 08 - Fri Dec 08 (14 weeks)

  • 14 weeks
  • CRN 46262
  • $780.92
Class meeting times
Dates Days Times Locations
Sep 08 - Dec 08 Fri 17:30 - 21:30 Downtown DTC Rm. 481
Instructor

Simin Sadat Chavoshi Jolfaee

Course outline

View

Credits

4.5

Cost

$780.92

Status

In Progress

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

CRN 48384

Duration

Sat Sep 09 - Sat Dec 09 (12 weeks)

  • 12 weeks
  • CRN 48384
  • $794.67
Class meeting times
Dates Days Times Locations
Sep 09 - Dec 02 Sat 08:30 - 13:00 Online
Dec 09 Sat 08:30 - 13:00 Burnaby SE06 Rm. 202
Instructor

Judy Li

Course outline

View

Cost

$794.67

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. Please note that you will have to attend the final exam only on December 9th in person at the BCIT Burnaby campus Building SE06 – Room 202 This is a synchronous online course and you will be expected to be available and online on the posted days and times shown on your registration schedule. It is important you have a stable and consistent internet connection to access course content. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies or more if it is a condensed course starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date. No class on Sept 30 and Nov 11.
Status

In Progress

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

CRN 31393

Duration

Tue Sep 12 - Thu Nov 09 (9 weeks)

  • 9 weeks
  • CRN 31393
  • $794.67
Class meeting times
Dates Days Times Locations
Sep 12 - Nov 09 Tue 18:30 - 21:30 Burnaby SW03 Rm. 2745
Sep 12 - Nov 09 Thu 18:30 - 21:30 Burnaby SW03 Rm. 2745
Instructor

Illya Kochergin

Course outline

View

Credits

4.5

Cost

$794.67

Important information
  1. The course will be taught using the Texas Instrument BA II Plus calculator
Status

In Progress

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

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

Statistics for Business and Industry (OPMT 1197) is offered as a part of the following programs:

School of Business + Media

  1. Accounting
    Diploma Part-time
  2. Advanced Business Management
    Certificate Part-time
  3. Advanced Human Resource Management
    Certificate Part-time
  4. Advanced Marketing Management
    Certificate Part-time
  5. Business Administration (General Option)
    Diploma Part-time
  6. Business Administration (Global Studies Option)
    Diploma Part-time
  7. Business Administration (Human Resources Option)
    Diploma Part-time
  8. Business Administration (Management Option)
    Diploma Part-time
  9. Business Administration (Marketing Option)
    Diploma Part-time
  10. Finance
    Diploma Part-time
  11. Financial Management (Finance Option)
    Certificate Part-time
  12. Financial Management (Professional Accounting Option)
    Certificate Part-time
  13. Financial Planning
    Diploma Part-time
  14. Fire Executive Management
    BCIT/Industry Partnership Certificate Part-time
  15. International Trade and Transportation Logistics
    Certificate Part-time
  16. Lean Six Sigma Principles
    Associate Certificate Part-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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