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

BCIT is planning for a substantial return to on-campus activity for the fall 2021 term as informed by BC Public Health Officer guidelines. Refer to each course listing for details.

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

$749.09 - $760.52 See individual course offerings below for actual costs.

Fall 2021

Below are six offerings of this course for the Fall 2021 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

$95.96

Notes

  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

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

$759.53

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 07 - Tue Nov 09 9 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 07 - Nov 09 Tue/Thu 18:30 - 21:30 BBY SW03 Rm. 2620

Instructor

Illya Kochergin

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$760.52

Notes

  1. The course will be taught using the Texas Instrument BA II Plus calculator
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

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 10 - Fri Dec 10 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 10 - Dec 10 Fri 17:30 - 21:30 DTC DTC Rm. 472

Instructor

Simin Sadat Chavoshi Jolfaee

Course Outline

Cost

$749.09

Notes

  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

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

In Progress

CRN 48384

Sat Sep 11 - Sat Nov 27 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 11 - Nov 27 Sat 08:30 - 13:00 Online

Instructor

Judy Li

Course Outline

Cost

$760.52

Notes

  1. Internet delivery format.
  2. SYNCHRONOUS ONLINE CLASSES: This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. Course content, type and quality of assignments, and general standards for this online course are the same as the face-to-face course.
  3. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

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 13 - Mon Nov 15 9 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 13 - Nov 15 Mon/Wed 18:30 - 21:30 BBY

Instructor

TBD

Course Outline

Cost

$760.52

Notes

  1. The course will be taught using the Texas Instrument BA II Plus calculator No class on October 11
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

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

Cancelled

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

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