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Statistics for Business and Industry OPMT 1197

Operations Management Part-time Studies Course

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

$97.95 - $776.98 See individual course offerings below for actual costs.

Course offerings

Fall 2022

Below are six offerings of OPMT 1197 for the Fall 2022 term.

CRN 40419

Duration

Start any time

  • 24 weeks
  • CRN 40419
  • $97.95
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

Chris Kellman

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Cost

$97.95

Important information
  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. This section is a 24 week extension only for Distance Education students whose original 30 week time limit is about to expire. Students who need more time to complete the Distance Education course should contact Ruth_MacKay@bcit.ca
Status

CRN 39501

Duration

Start any time

  • 30 weeks
  • CRN 39501
  • $774.79
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

$774.79

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 02 - Fri Dec 09 (14 weeks)

  • 14 weeks
  • CRN 46262
  • $738.23
Class meeting times
Dates Days Times Locations
Sep 02 - Dec 09 Fri 17:30 - 21:30 Online
Instructor

Simin Sadat Chavoshi Jolfaee

Course outline

View

Credits

4.5

Cost

$738.23

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. You have registered for a course that will be held entirely online, however this is a synchronous course which requires you to be online on the posted days and times shown on your myBCIT schedule. In this course, you will be using an online teaching tool called the Learning Hub, also known as D2L or Brightspace. The Learning Hub is where your instructor will share information, resources, assignments, deadlines and this is where you will submit your work, and communicate with both your instructor and classmates. Ensure that you are able to log in before your course starts. To log in, view your courses, set up notifications, and access the tools you need, please go directly to the Learning Hub at learn.bcit.ca/d2l/home. Access to this course will be available either on or shortly before the start date.
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 06 - Thu Nov 03 (9 weeks)

  • 9 weeks
  • CRN 31393
  • $776.98
Class meeting times
Dates Days Times Locations
Sep 06 - Nov 03 Tue, Thu 18:30 - 21:30 Burnaby SW03 Rm. 2620
Instructor

Illya Kochergin

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4.5

Cost

$776.98

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.

CRN 37495

Duration

Mon Sep 12 - Mon Nov 14 (9 weeks)

  • 9 weeks
  • CRN 37495
  • $776.98
Class meeting times
Dates Days Times Locations
Sep 12 - Nov 14 Mon, Wed 18:30 - 21:30 Burnaby
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Cost

$776.98

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

Cancelled

This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.

CRN 48384

Duration

Sat Sep 17 - Sat Dec 03 (12 weeks)

  • 12 weeks
  • CRN 48384
  • $738.23
Class meeting times
Dates Days Times Locations
Sep 17 - Dec 03 Sat 08:30 - 13:00 Online
Instructor

Judy Li

Course outline

View

Cost

$738.23

Important information
  1. Internet delivery format.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  3. Important Information: 1. Internet delivery synchronous course format. This is a synchronous course that will be held entirely online. You will be required to log in to the course each week at a specific time. Please check the registration page for the specific dates and times. 2. Learning formats include: online asynchronous, online synchronous, hybrid/blended, and in-class. Please read the information at this link to understand the differences between learning online versus in a real physical classroom. www.bcit.ca/distance/distance-course-formats/ 3. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
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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