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Statistics for Business OPMT 1120

Operations Management Course

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International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

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, and the chi-squared test for independence.​

Prerequisite(s)

  • No prerequisites are required for this course.

Credits

4.5

Domestic fees

$806.67

Course offerings

Spring/Summer 2024

Below is one offering of OPMT 1120 for the Spring/Summer 2024 term.

CRN 69359

Duration

Mon Apr 29 - Mon Jun 10 (6 weeks)

  • 6 weeks
  • CRN 69359
  • Domestic fees $806.67
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 29 - May 13 Mon, Wed 17:30 - 22:00 Online
May 15 Wed 17:30 - 20:30 Burnaby
May 20 - Jun 05 Mon, Wed 17:30 - 22:00 Online
Jun 10 Mon 17:30 - 20:30 Burnaby
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4.5

Domestic fees

$806.67

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. The OPMT 1120: Statistics for Business is intended for the PTS Diploma students enrolled in the following programs only: Business Administration (General Option) Business Administration (Global Studies Option) Business Administration (Human Resources Option) Business Administration (Management Option) Business Administration (Marketing Option). If you are students other than these programs, please take OPMT 1130 Business Statistics. (www.bcit.ca/courses/business-statistics-opmt-1130/)
Status

Cancelled

This course offering has been cancelled. 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.
  • Organize and analyze quantitative data.
  • Use MS Excel to process and analyze statistical 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.​

Effective as of Winter 2024

Related Programs

Statistics for Business (OPMT 1120) is offered as a part of the following programs:

  • Indicates programs accepting international students.
  • Indicates programs with a co-op option.

School of Business + Media

  1. Business Management
    Diploma Full-time
  2. Fire Executive Management
    BCIT/Industry Partnership Certificate Part-time
  3. Human Resource Management
    Diploma Full-time

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