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Statistics for Business and Industry OPMT 1197

Operations Management Course

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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

$96.37 - $776.98 See individual course offerings below for actual costs.

Course offerings

Winter 2023

Below are eight offerings of OPMT 1197 for the Winter 2023 term.

CRN 80365

Duration

Start any time

  • 24 weeks
  • CRN 80365
  • $96.37
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

$96.37

Important information
  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. Available for re-registration (course extension) only. Students who need more time to complete OPMT 1197 will re-register in this section and have 24 additional weeks in which to complete their course. Please contact Ruth_MacKay@bcit.ca
Status

Registration Options

Online registration for this course offering is not available. However, you can still register by phone.

CRN 80366

Duration

Start any time

  • 30 weeks
  • CRN 80366
  • $738.23
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

$738.23

Important information
  1. Internet delivery format.
  2. Students may register at any time through the year and have 30 weeks in which to complete the course. A textbook 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 86654

Duration

Sat Jan 07 - Sat Apr 01 (13 weeks)

  • 13 weeks
  • CRN 86654
  • $738.23
Class meeting times
Dates Days Times Locations
Jan 07 - Apr 01 Sat 08:30 - 12:40 Online
Instructor

Judy Li

Course outline

View

Cost

$738.23

Important information
  1. Internet delivery format.
  2. PREREQUISITE : Basic algebraic skills to at least the Grade 11 level. Students who do not have this prerequisite should consider taking OPMT 0199
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 12015

Duration

Mon Jan 09 - Mon Mar 13 (9 weeks)

  • 9 weeks
  • CRN 12015
  • $776.98
Class meeting times
Dates Days Times Locations
Jan 09 - Mar 13 Mon, Wed 18:45 - 21:45 Burnaby
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Cost

$776.98

Important information
  1. PREREQUISITE: Basic algebraic skills to at least the Grade 11 level. Students who do not have this prerequisite should consider taking OPMT 0199. No class on Monday, February 20
Status

Cancelled

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

CRN 12013

Duration

Tue Jan 10 - Tue May 09 (18 weeks)

  • 18 weeks
  • CRN 12013
  • $776.98
Class meeting times
Dates Days Times Locations
Jan 10 - May 09 Tue 18:30 - 21:30 Burnaby SE06 Rm. 207
Instructor

Myra Andrews

Course outline

View

Cost

$776.98

Important information
  1. PREREQUISITE: Basic algebraic skills to at least the Grade 11 level. Students who do not have this prerequisite should consider taking OPMT 0199.
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 12018

Duration

Tue Jan 10 - Thu Mar 02 (8 weeks)

  • 8 weeks
  • CRN 12018
  • $764.12
Class meeting times
Dates Days Times Locations
Jan 10 - Mar 02 Tue, Thu 17:30 - 21:00 Downtown DTC Rm. 472
Instructor

Judy Li

Course outline

View

Cost

$764.12

Important information
  1. PREREQUISITE: Basic algebraic skills to at least the Grade 11 level. Students who do not have this prerequisite should consider taking OPMT 0199.
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 78485

Duration

Tue Jan 10 - Thu Mar 09 (9 weeks)

  • 9 weeks
  • CRN 78485
  • $776.98
Class meeting times
Dates Days Times Locations
Jan 10 - Mar 09 Tue, Thu 18:30 - 21:30 Burnaby
Instructor

TBD

Course outline

View

Cost

$776.98

Important information
  1. PREREQUISITE: Basic algebraic skills to at least the Grade 11 level. Students who do not have this prerequisite should consider taking OPMT 0199.
Status

Cancelled

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

CRN 12017

Duration

Thu Jan 12 - Thu Mar 30 (13 weeks)

  • 13 weeks
  • CRN 12017
  • $776.98
Class meeting times
Dates Days Times Locations
Jan 12 - Mar 30 Thu 17:45 - 22:00 Burnaby
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Cost

$776.98

Important information
  1. PREREQUISITE: Basic algebraic skills to at least the Grade 11 level. Students who do not have this prerequisite should consider taking OPMT 0199.
Status

Cancelled

This course offering has been cancelled. 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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