British Columbia Institute of Technologywww.bcit.ca/study/courses/opmt1197

Important Notice: COVID-19 Institute response

BCIT

OPMT 1197 - Statistics for Business and Industry

Operations Management Part-time Studies Course

School of Business + Media

To support you and your education, BCIT is adapting applied learning in formats appropriate to the unfolding global situation. All PTS classes are being delivered in an online format unless you are notified otherwise.

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)

Basic algebraic skills to at least the Grade 11 level. Students who do not have these skills should consider taking OPMT 0199. This course is deemed equivalent to OPMT 1130, OPMT 1121 and OPMT 1208.

Credits

4.5

Cost

$734.74 - $744.74 See individual course offerings below for actual costs.

Fall 2020

Below are six offerings of this course for the Fall 2020 term.

CRN 40419

Start any time

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

TBD – see Learning Outcomes in the interim

Cost

$94.19

Notes

  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. This section is for students who are current OPMT 1197 online students only. Students needing to extend their online time limit will register into this section and be given an additional 24 weeks to complete their course. Departmental approval is needed. Please contact Ruth MacKay with details at ruth_mackay@bcit.ca.

CRN 39501

Start any time

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

Cost

$744.74

Notes

  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

CRN 31393

Tue Sep 08 - Thu Nov 05 9 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 08 - Nov 05 Tue/Thu 18:30 - 21:30 BBY Online Delivery

Instructor

Trevor Jones

Course Outline

Cost

$744.74

Notes

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

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

In Progress

CRN 46262

Fri Sep 11 - Fri Dec 11 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 11 - Dec 11 Fri 17:00 - 21:00 DTC Online Delivery

Instructor

Ken Eng

Course Outline

Cost

$734.74

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

In Progress and Full

CRN 46260

Sat Sep 12 - Sat Nov 28 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 12 - Nov 28 Sat 08:30 - 13:00 BBY Online Delivery

Instructor

Judy Li

Course Outline

Cost

$744.74

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

In Progress and Full

CRN 37495

Mon Sep 14 - Wed Nov 18 9 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 14 - Nov 18 Mon/Wed 18:30 - 21:30 BBY Online Delivery

Instructor

Illya Kochergin

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$744.74

Notes

  1. The course will be taught using the Texas Instrument BA II Plus calculator No class on Monday, Oct 12 or Wed Nov 11

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

In Progress

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

OPMT 1197 is offered as a part of the following programs:

School of Business + Media

  1. Accounting
    Part-time   Diploma
  2. Advanced Business Management
    Part-time/Distance & Online Learning   Certificate
  3. Advanced Human Resource Management
    Part-time   Certificate
  4. Advanced Marketing Management
    Part-time   Certificate
  5. Business Administration
    Part-time/Distance & Online Learning   Associate Certificate
  6. Business Administration (General Option)
    Part-time   Diploma
  7. Business Administration (Global Studies Option)
    Part-time   Diploma
  8. Business Administration (Human Resources Option)
    Part-time   Diploma
  9. Business Administration (Management Option)
    Part-time   Diploma
  10. Business Administration (Marketing Option)
    Part-time   Diploma
  11. Finance
    Part-time   Diploma
  12. Financial Management (Finance Option)
    Part-time   Certificate
  13. Financial Management (Professional Accounting Option)
    Part-time   Certificate
  14. Financial Planning
    Part-time   Diploma
  15. Fire Executive Management
    Part-time/Distance & Online Learning   BCIT/Industry Partnership Certificate
  16. International Trade and Transportation Logistics
    Part-time   Certificate
  17. Lean Six Sigma Principles
    Part-time   Associate Certificate
  18. Operations Management (Industrial Engineering Option)
    Part-time   Certificate
  19. Operations Management (Management Engineering Option)
    Part-time   Certificate
  20. Quality and Process Management
    Part-time   Certificate
  21. Six Sigma Business Improvement
    Part-time   Statement of Completion

Books & Supplies

The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit bcit.ca/bookstore for more information.

Fall 2020

Books for Fall 2020 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Downtown Campus Bookstore

If you are taking this course at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Downtown Campus Bookstore.

Image not available
Cei Digital: Wileyplus For Essentials Of Business Stats, 1St Ce For Bcit
Author Black
Binding Digital Version
ISBN 978-1-11936-838-0
Price $93.95
Required

BCIT Distance & Online Learning Bookstore

If you are taking this course through either Distance Education or Online Learning, please purchase books for this course at the BCIT Distance & Online Learning Bookstore.

Business Statistics (Nov 2018)
Author Opmt: Johnson
Binding Paperback
Price $29.95
Required

BCIT Burnaby Bookstore

If you are taking this course, but are not taking it through either Distance Education or Online Learning, nor at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Burnaby Bookstore.

Business Statistics (Nov 2018)
Author Opmt: Johnson
Binding Paperback
Price $29.95
Required

Image not available
Cei Digital: Wileyplus For Essentials Of Business Stats, 1St Ce For Bcit
Author Black
Binding Digital Version
ISBN 978-1-11936-838-0
Price $93.95
Optional

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Registration News

Registration is currently open for the Fall 2020 term.

The sneak preview for the Winter 2021 term starts Fri, Oct 23 at 8:30 am (PDT).

Students may register for Winter 2021 term courses online or by phone starting Wed, Oct 28 at 9:00 am (PDT).

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