British Columbia Institute of Technologywww.bcit.ca/study/courses/opmt1130

BCIT

OPMT 1130 - Business Statistics

Operations Management Part-time Studies Course

School of Business

Course Details

Includes descriptive statistics, including numerical and graphical presentation of data, measures of central tendency and dispersion, elementary probability, index numbers and time series. Introduction to inferential statistics through selected topics such as sampling, confidence limits of the mean, hypotheses testing and simple linear regression. Spreadsheets are used for calculations.

Credits

5.5

This course isn't currently offered through BCIT Part-time Studies. Please check back next term 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.
  • Generate a spreadsheet to collect, collate, organize and analyze quantitative data.
  • Use spreadsheets and 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 ogives.
  • Construct and use descriptive indices.
  • Apply the common rules of probability to evaluate business alternatives.
  • 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.
  • 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.

Effective as of Fall 2003

Related Programs

OPMT 1130 is offered as a part of the following programs:

School of Business

  1. Accounting
    Full-time   Diploma
  2. Business Information Technology Management
    Full-time   Diploma
  3. Business Management
    Full-time   Diploma
  4. Business Operations Management
    Full-time   Diploma
  5. Finance
    Full-time   Diploma
  6. Financial Planning
    Full-time   Diploma
  7. General Insurance and Risk Management
    Full-time   Diploma
  8. Human Resource Management
    Full-time   Diploma
  9. International Business Management (Global Supply Chain Option)
    Full-time   Diploma
  10. International Business Management (International Business Option)
    Full-time   Diploma
  11. Marketing Management (Entrepreneurship Option)
    Full-time   Diploma
  12. Marketing Management (General Option)
    Full-time   Diploma
  13. Marketing Management (Marketing Communications Option)
    Full-time   Diploma
  14. Marketing Management (Professional Real Estate Option)
    Full-time   Diploma
  15. Marketing Management (Professional Sales Option)
    Full-time   Diploma
  16. Marketing Management (Tourism Management Option)
    Full-time   Diploma

Subscribe

Interested in being notified about future offerings of OPMT 1130 - Business Statistics? If so, fill out the information below and we'll notify you by email when courses for each new term are displayed here.

Contact Information

Suggest course days and times

If you are interested in taking this course on-campus (classroom delivery only) and would like to see it offered on specific days and/or at specific times, please indicate your preferences below. Day and time suggestions are not applicable to online courses.

The personal information on this form is collected under the authority of the College and Institute Act (RSBC 1996, Ch.52). BCIT will use this information to communicate with you regarding relevant BCIT programs, courses and services. This information is only used by authorized BCIT staff. Email communication sent to and from BCIT is routed through the United States of America. If you have any questions about BCIT's collection and use of this information, please contact BCIT’s manager of Information Access and Privacy.

Programs and courses are subject to change without notice.

Find Courses

Payment Changes At BCIT

We've changed the way we accept payments.

Find out more

Course Navigation, Related Links & Tools

Registration News

Registration is now open for the Fall 2018 term.

Classroom Locations

Classroom locations are subject to last minute changes. Please check the Part-time Studies Classroom Locations listing at www.bcit.ca/rooms on the first day of any course you are registered for.

Part-time Studies Financial Aid

Will you be studying at BCIT part-time? Do you need assistance funding your studies? Find out if you qualify for Part-time Studies financial aid ›

© BCIT