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Applied Stochastic System Modeling
by Shunji OsakiThis book was written for an introductory one-semester or two-quarter course in stochastic processes and their applications. The reader is assumed to have a basic knowledge of analysis and linear algebra at an undergraduate level. Stochastic models are applied in many fields such as engineering systems, physics, biology, operations research, business, economics, psychology, and linguistics. Stochastic modeling is one of the promising kinds of modeling in applied probability theory. This book is intended to introduce basic stochastic processes: Poisson pro cesses, renewal processes, discrete-time Markov chains, continuous-time Markov chains, and Markov-renewal processes. These basic processes are introduced from the viewpoint of elementary mathematics without going into rigorous treatments. This book also introduces applied stochastic system modeling such as reliability and queueing modeling. Chapters 1 and 2 deal with probability theory, which is basic and prerequisite to the following chapters. Many important concepts of probabilities, random variables, and probability distributions are introduced. Chapter 3 develops the Poisson process, which is one of the basic and im portant stochastic processes. Chapter 4 presents the renewal process. Renewal theoretic arguments are then used to analyze applied stochastic models. Chapter 5 develops discrete-time Markov chains. Following Chapter 5, Chapter 6 deals with continuous-time Markov chains. Continuous-time Markov chains have im portant applications to queueing models as seen in Chapter 9. A one-semester course or two-quarter course consists of a brief review of Chapters 1 and 2, fol lowed in order by Chapters 3 through 6.
Applied Strategic Marketing: A Step by Step Approach
by Karel Jan AlsemThis book, originally published in Dutch, provides a uniquely practical approach to strategic marketing planning. Combining a comprehensive overview of theory with practice, each chapter takes the reader step by step through the strategic marketing process. Beginning with identifying the value proposition, it moves on to the situational analysis that underpins the corporate strategy, and finally details the overall implementation and creation of a customer and brand values. Applied Strategic Marketing equips the reader with the necessary tools and techniques to develop and deliver a thorough and effective marketing strategy. With a broad range of international case studies that bring the theory to life, this well-renowned and updated translation is vital reading for undergraduate and postgraduate students of marketing management and strategic marketing. It should also be of interest to marketing practitioners who want a clear overview to aid them in the planning process.
Applied Strategic Marketing: A Step by Step Approach
by Karel Jan AlsemThis book, originally published in Dutch, provides a uniquely practical approach to strategic marketing planning. Combining a comprehensive overview of theory with practice, each chapter takes the reader step by step through the strategic marketing process. Beginning with identifying the value proposition, it moves on to the situational analysis that underpins the corporate strategy, and finally details the overall implementation and creation of a customer and brand values. Applied Strategic Marketing equips the reader with the necessary tools and techniques to develop and deliver a thorough and effective marketing strategy. With a broad range of international case studies that bring the theory to life, this well-renowned and updated translation is vital reading for undergraduate and postgraduate students of marketing management and strategic marketing. It should also be of interest to marketing practitioners who want a clear overview to aid them in the planning process.
Applied System Simulation: Methodologies and Applications
by Mohammad S. Obaidat Georgios I. PapadimitriouSimulation and molding are efficient techniques that can aid the city and regional planners and engineers in optimizing the operation of urban systems such as traffic light control, highway toll automation, consensus building, public safety, and environmental protection. When modeling transportation systems such as freeway systems, arterial or downtown grid systems, the city planner and engineer is concerned with capturing the varied interactions between drivers, automobiles, and the infrastructure. Modeling and simulation are used to effectively optimize the design and operation of all of these urban systems. It is possible that in an urban simulation community workshop, citizens can work interactively in front of computers and be able using the click of the mouse to walk up to their own front porch, looking at the proposed shopping mall alternatives across the street from virtually any angle and proposed bridge or tunnel and see how it can reduce traffic congestion. Buildings can be scaled down or taken out, their orientation can be changed in order to check the view and orientation in order to have better site with efficient energy-conservation. The stone or brick material on a building can be replaced by colored concrete, or more trees and lampposts can be placed on the site. Such flexibility in simulation and animation allows creative ideas in the design and orientation of urban sites to be demonstrated to citizens and decision makers before final realization.
Applied Systems Theory
by Rob DekkersOffering an up-to-date account of systems theories and its applications, this book provides a different way of resolving problems and addressing challenges in a swift and practical way, without losing overview and grip on the details. From this perspective, it offers a different way of thinking in order to incorporate different perspectives and to consider multiple aspects of any given problem. Drawing examples from a wide range of disciplines, it also presents worked cases to illustrate the principles. The multidisciplinary perspective and the formal approach to modelling of systems and processes of ‘Applied Systems Theory’ makes it suitable for managers, engineers, students, researchers, academics and professionals from a wide range of disciplines; they can use this ‘toolbox’ for describing, analysing and designing biological, engineering and organisational systems as well as getting a better understanding of societal problems. This revised, updated and expanded second edition includes coverage of abductive reasoning, the relevance of systems theories for research methods and a new chapter about problem analysis and solving based on systems theories.
Applied Systems Theory
by Rob DekkersOffering an up-to-date account of systems theories and its applications, this book provides a different way of resolving problems and addressing challenges in a swift and practical way, without losing overview and not having a grip on the details. From this perspective, it offers a different way of thinking in order to incorporate different perspectives and to consider multiple aspects of any given problem. Drawing examples from a wide range of disciplines, it also presents worked cases to illustrate the principles. The multidisciplinary perspective and the formal approach to modelling of systems and processes of ‘Applied Systems Theory’ makes it suitable for managers, engineers, students, researchers, academics and professionals from a wide range of disciplines; they can use this ‘toolbox’ for describing, analysing and designing biological, engineering and organisational systems as well as getting a better understanding of societal problems.
Applied Technical Analysis for Advanced Learners and Practitioners
by Indranarain RamlallTechnical analysis points out that the best source of information to beat the market is the price itself. Introducing readers to technical analysis in a more succinct and practical way, Ramlall focuses on the key aspects, benefits, drawbacks, and the main tools of technical analysis. Chart Patterns, Point & Figure, Stochastics, Sentiment indicators, Elliot Wave Theory, RSI, R, Candlesticks and more are covered, including both the concepts and the practical applications. Also including programming technical analysis tools, this book is a valuable tool for both researchers and practitioners.
Applied Technology and Innovation Management: Insights and Experiences from an Industry-Leading Innovation Centre
by Heinrich Arnold Michael Erner Peter Möckel Christopher SchläfferRapid application of new technologies and highly leveraged innovation processes are key for the success of companies and organizations in dynamic markets. Based on the experiences of one of the industry’s most modern innovation centers this book provides an insight into the tools and methods used to align customer requirements, competitive challenges and technological development. Both, scientists and practitioners, will benefit from the lessons learned and presented in this volume.
Applied Theatre: Economies (Applied Theatre)
by Molly Mullen Michael Balfour Sheila PrestonThe APPLIED THEATRE series is a major innovation in applied theatre scholarship: each book presents new ways of seeing and critically reflecting on this dynamic and vibrant field. Volumes offer a theoretical framework and introductory survey of the field addressed, combined with a range of case studies illustrating and critically engaging with practice.Series Editors: Sheila Preston and Michael BalfourApplied Theatre: Economies addresses a notoriously problematic area: applied theatre's relationship to the economy and the ways in which socially committed theatre makers fund, finance or otherwise resource their work.Part One addresses longstanding concerns in the field about the effects of economic conditions and funding relationships on applied theatre practice. It considers how applied theatre's relationship with local and global economies can be understood from different theoretical and philosophical perspectives. It also examines a range of ways in which applied theatre can be resourced, identifying key issues and seeking possibilities for theatre makers to sustain their work without undermining their social and artistic values.The international case studies in Part Two give vivid insights into the day-to-day challenges of resourcing applied theatre work in Chile, Canada, the UK, New Zealand, Hong Kong and the US. The authors examine critical issues or points of tension that have arisen in a particular funding relationship or from specific economic activities. Each study also illuminates ways in which applied theatre makers can bring artistic and social justice principles to bear on financial and organizational processes.
Applied Theatre: Economies (Applied Theatre)
by Molly Mullen Michael Balfour Sheila PrestonThe APPLIED THEATRE series is a major innovation in applied theatre scholarship: each book presents new ways of seeing and critically reflecting on this dynamic and vibrant field. Volumes offer a theoretical framework and introductory survey of the field addressed, combined with a range of case studies illustrating and critically engaging with practice.Series Editors: Sheila Preston and Michael BalfourApplied Theatre: Economies addresses a notoriously problematic area: applied theatre's relationship to the economy and the ways in which socially committed theatre makers fund, finance or otherwise resource their work.Part One addresses longstanding concerns in the field about the effects of economic conditions and funding relationships on applied theatre practice. It considers how applied theatre's relationship with local and global economies can be understood from different theoretical and philosophical perspectives. It also examines a range of ways in which applied theatre can be resourced, identifying key issues and seeking possibilities for theatre makers to sustain their work without undermining their social and artistic values.The international case studies in Part Two give vivid insights into the day-to-day challenges of resourcing applied theatre work in Chile, Canada, the UK, New Zealand, Hong Kong and the US. The authors examine critical issues or points of tension that have arisen in a particular funding relationship or from specific economic activities. Each study also illuminates ways in which applied theatre makers can bring artistic and social justice principles to bear on financial and organizational processes.
Applied Theatre and the Sustainable Development Goals: Crises, Collaboration, and Beyond (ISSN)
by Bobby Smith Taiwo Afolabi Abdul Karim HakibThis book is the first definitive publication to consider the intersections of applied theatre and the Sustainable Development Goals (SDGs) – a series of goals which have shaped development and social justice initiatives from 2015 to 2030.It brings together emerging and leading scholars and practitioners engaged in creative and community contexts globally. In so doing, the book offers critical insights to explore the convergences, complexities, and tensions of working within development frameworks, through theatre. Divided into three thematic areas, it maps out the ways in which applied theatre has related to the SDGs, examines issues with global collaborations, and, as 2030 approaches and the SDG era draws to a close, interrogates such practices, envisioning what the role of applied theatre might be in the post-SDG era. The book provokes reflection about this specific era of applied theatre and global development, as well as discussion regarding what comes next.This volume will be of importance to students, artists, scholars, practitioners, and policymakers working in applied theatre and the field of development.
Applied Theatre and the Sustainable Development Goals: Crises, Collaboration, and Beyond (ISSN)
This book is the first definitive publication to consider the intersections of applied theatre and the Sustainable Development Goals (SDGs) – a series of goals which have shaped development and social justice initiatives from 2015 to 2030.It brings together emerging and leading scholars and practitioners engaged in creative and community contexts globally. In so doing, the book offers critical insights to explore the convergences, complexities, and tensions of working within development frameworks, through theatre. Divided into three thematic areas, it maps out the ways in which applied theatre has related to the SDGs, examines issues with global collaborations, and, as 2030 approaches and the SDG era draws to a close, interrogates such practices, envisioning what the role of applied theatre might be in the post-SDG era. The book provokes reflection about this specific era of applied theatre and global development, as well as discussion regarding what comes next.This volume will be of importance to students, artists, scholars, practitioners, and policymakers working in applied theatre and the field of development.
Applied Time Series Analysis: A Practical Guide to Modeling and Forecasting
by Terence C. MillsWritten for those who need an introduction, Applied Time Series Analysis reviews applications of the popular econometric analysis technique across disciplines. Carefully balancing accessibility with rigor, it spans economics, finance, economic history, climatology, meteorology, and public health. Terence Mills provides a practical, step-by-step approach that emphasizes core theories and results without becoming bogged down by excessive technical details. Including univariate and multivariate techniques, Applied Time Series Analysis provides data sets and program files that support a broad range of multidisciplinary applications, distinguishing this book from others.Focuses on practical application of time series analysis, using step-by-step techniques and without excessive technical detailSupported by copious disciplinary examples, helping readers quickly adapt time series analysis to their area of studyCovers both univariate and multivariate techniques in one volumeProvides expert tips on, and helps mitigate common pitfalls of, powerful statistical software including EVIEWS and RWritten in jargon-free and clear English from a master educator with 30 years+ experience explaining time series to novicesAccompanied by a microsite with disciplinary data sets and files explaining how to build the calculations used in examples
Applied Time Series Analysis and Forecasting with Python (Statistics and Computing)
by Changquan Huang Alla PetukhinaThis textbook presents methods and techniques for time series analysis and forecasting and shows how to use Python to implement them and solve data science problems. It covers not only common statistical approaches and time series models, including ARMA, SARIMA, VAR, GARCH and state space and Markov switching models for (non)stationary, multivariate and financial time series, but also modern machine learning procedures and challenges for time series forecasting. Providing an organic combination of the principles of time series analysis and Python programming, it enables the reader to study methods and techniques and practice writing and running Python code at the same time. Its data-driven approach to analyzing and modeling time series data helps new learners to visualize and interpret both the raw data and its computed results. Primarily intended for students of statistics, economics and data science with an undergraduate knowledge of probability and statistics, the book will equally appeal to industry professionals in the fields of artificial intelligence and data science, and anyone interested in using Python to solve time series problems.
Applied Transport Economics: Policy Management and Decision Making (Transport And Logistics Ser.)
by Stuart ColeThis third edition of Applied Transport Economics has been completely revised and updated to cover the latest developments and thinking in transport economics. Professor Stuart Cole examines the application of economics techniques first to commercial transport operations, and second to public policy issues such as investment, integrated transport and competition, and third to the role of transport in its wider economic context.The style and approach, which proved so popular in the first two editions has been retained. This approach provides a transport economics text book for a) managers who are not familiar with economics techniques, b) students preparing for examinations in transport and other areas of business and public policy where an applied approach to economics is required, and c) economists entering the transport field. Fully and extensively updated throughout, this third edition will contain: *new information on SE Asia and Eastern Europe *updated and extended case studies *a new bibliography; *an extended further reading section.
Applied Welfare Economics: Cost-Benefit Analysis of Projects and Policies
by Massimo FlorioWhat is the effect of a new infrastructure on the well-being of a local community? Is a tax reform desirable? Does the privatization of a telecommunication provider increase social welfare? To answer these questions governments and their policy advisors should have in mind an operative definition of social welfare, and cannot rely on simple official statistics, such as GDP. The price we observe are often misleading as welfare signals, and costs and benefits for the society should be based on ‘shadow prices’, revealing the social opportunity costs of goods and of changes of the world. This book explains how to apply these welfare economics ideas to the real world. After a theoretical discussion of the concept of social welfare, a critical analysis of the traditional doctrine of welfare economics embodied in the Two Fundamental Theorems, and a presentation of social cost-benefit analysis, the book introduce the readers to an applied framework. This includes the empirical estimation of shadow prices of goods, of the social cost of labour and capital, the assessment of risk. This book also includes the state of the art of international experience with CBA, including ex-post evaluation of major projects, economic rates of return in different sectors, and a case study on privatisation, is presented. This book offers a unique and original blend of theory, empirics and experience. The theoretical discussion clarifies why shadow prices are not virtual market equilibrium prices, as they arise as the solution of a planning problem, often with governments and economic agents constrained in their information and powers. The empirical chapters show how to compute proxies of the shadow prices in simple ways. The experience chapters draw from first hand research, gained by the Author and his collaborators over many years of advisory work for the European Commission and other international and national institutions.
Applied Welfare Economics: Cost-Benefit Analysis of Projects and Policies
by Massimo FlorioWhat is the effect of a new infrastructure on the well-being of a local community? Is a tax reform desirable? Does the privatization of a telecommunication provider increase social welfare? To answer these questions governments and their policy advisors should have in mind an operative definition of social welfare, and cannot rely on simple official statistics, such as GDP. The price we observe are often misleading as welfare signals, and costs and benefits for the society should be based on ‘shadow prices’, revealing the social opportunity costs of goods and of changes of the world. This book explains how to apply these welfare economics ideas to the real world. After a theoretical discussion of the concept of social welfare, a critical analysis of the traditional doctrine of welfare economics embodied in the Two Fundamental Theorems, and a presentation of social cost-benefit analysis, the book introduce the readers to an applied framework. This includes the empirical estimation of shadow prices of goods, of the social cost of labour and capital, the assessment of risk. This book also includes the state of the art of international experience with CBA, including ex-post evaluation of major projects, economic rates of return in different sectors, and a case study on privatisation, is presented. This book offers a unique and original blend of theory, empirics and experience. The theoretical discussion clarifies why shadow prices are not virtual market equilibrium prices, as they arise as the solution of a planning problem, often with governments and economic agents constrained in their information and powers. The empirical chapters show how to compute proxies of the shadow prices in simple ways. The experience chapters draw from first hand research, gained by the Author and his collaborators over many years of advisory work for the European Commission and other international and national institutions.
Applied Welfare Economics: Cost-Benefit Analysis of Projects and Policies (Routledge Advanced Texts in Economics and Finance)
by Massimo Florio Chiara PancottiApplied Welfare Economics: Cost-Benefit Analysis for Project and Policy Evaluation presents a consistent framework for applied welfare economics and is grounded in a comprehensive theory of cost-benefit analysis, specifically focused on offering a practical approach to policy and project evaluation. After opening with a theoretical discussion of the concept of social welfare, a critical analysis of the traditional doctrine of welfare economics embodied in the Two Fundamental Theorems, and a presentation of social cost-benefit analysis, the book introduces readers to an applied framework. This includes the empirical estimation of shadow prices of goods, the social cost of labour and capital, and the assessment of risk. The book also examines real-life experiences with cost-benefit analysis, including ex-post evaluation of major projects, economic rates of return in different sectors, and a case study on privatisation. These chapters draw on first-hand research gained by the author team from years of advisory work for the European Commission and other international and national institutions. This second edition presents updated data, more international examples, and more coverage of topics such as very long run discounting effects and climate change as an intergenerational effect. It also includes more practical examples and end-of-chapter questions to aid student’s learning. Applied Welfare Economics is a valuable textbook for upper-level courses on welfare economics, cost-benefit analysis, public policy analysis and related areas.
Applied Welfare Economics: Cost-Benefit Analysis of Projects and Policies (Routledge Advanced Texts in Economics and Finance)
by Massimo Florio Chiara PancottiApplied Welfare Economics: Cost-Benefit Analysis for Project and Policy Evaluation presents a consistent framework for applied welfare economics and is grounded in a comprehensive theory of cost-benefit analysis, specifically focused on offering a practical approach to policy and project evaluation. After opening with a theoretical discussion of the concept of social welfare, a critical analysis of the traditional doctrine of welfare economics embodied in the Two Fundamental Theorems, and a presentation of social cost-benefit analysis, the book introduces readers to an applied framework. This includes the empirical estimation of shadow prices of goods, the social cost of labour and capital, and the assessment of risk. The book also examines real-life experiences with cost-benefit analysis, including ex-post evaluation of major projects, economic rates of return in different sectors, and a case study on privatisation. These chapters draw on first-hand research gained by the author team from years of advisory work for the European Commission and other international and national institutions. This second edition presents updated data, more international examples, and more coverage of topics such as very long run discounting effects and climate change as an intergenerational effect. It also includes more practical examples and end-of-chapter questions to aid student’s learning. Applied Welfare Economics is a valuable textbook for upper-level courses on welfare economics, cost-benefit analysis, public policy analysis and related areas.
Apply Data Science: Introduction, Applications and Projects
by Thomas Barton Christian MüllerThis book offers an introduction to the topic of data science based on the visual processing of data. It deals with ethical considerations in the digital transformation and presents a process framework for the evaluation of technologies. It also explains special features and findings on the failure of data science projects and presents recommendation systems in consideration of current developments. Machine learning functionality in business analytics tools is compared and the use of a process model for data science is shown.The integration of renewable energies using the example of photovoltaic systems, more efficient use of thermal energy, scientific literature evaluation, customer satisfaction in the automotive industry and a framework for the analysis of vehicle data serve as application examples for the concrete use of data science. The book offers important information that is just as relevant for practitioners as for students and teachers.
Applying a Systems Thinking Approach to the Construction Industry
by Michael SiebertThis book aims to shed light on why it is that so many well-meaning initiatives and government white papers have failed to have the expected impact in transforming the UK construction industry. Using the UK housing sector as a case study, Mike Siebert applies a Systems Thinking approach to tackling some of the shared 'Wicked Problems' faced by an industry that urgently needs to boost its productivity levels, build more sustainably and affordably, and generally improve its working practices. In an accessible and easy to read style, Siebert challenges the overall decision making and problem-solving approach adopted by the industry and seeks to put Systems Thinking front and centre to consider the core issues from multiple perspectives. Initially outlining the key stakeholders and the drivers and barriers to change, he then introduces Systems Thinking and explains using numerous examples of known issues what this approach could achieve. His central aim is to show how, if a Systems Thinking approach were to be applied to the UK housing industry’s problems, many of them could be resolved to the benefit of all the parties involved – government, housebuilders, material suppliers, the warranty industry, the design industry and the end users. These are shared problems, and they require shared solutions, but without first understanding these complex problems from the perspectives of all parties that need to benefit from the solutions being proposed, it is unlikely that those solutions will achieve the level of engagement needed for them to successfully meet their objectives.
Applying a Systems Thinking Approach to the Construction Industry
by Michael SiebertThis book aims to shed light on why it is that so many well-meaning initiatives and government white papers have failed to have the expected impact in transforming the UK construction industry. Using the UK housing sector as a case study, Mike Siebert applies a Systems Thinking approach to tackling some of the shared 'Wicked Problems' faced by an industry that urgently needs to boost its productivity levels, build more sustainably and affordably, and generally improve its working practices. In an accessible and easy to read style, Siebert challenges the overall decision making and problem-solving approach adopted by the industry and seeks to put Systems Thinking front and centre to consider the core issues from multiple perspectives. Initially outlining the key stakeholders and the drivers and barriers to change, he then introduces Systems Thinking and explains using numerous examples of known issues what this approach could achieve. His central aim is to show how, if a Systems Thinking approach were to be applied to the UK housing industry’s problems, many of them could be resolved to the benefit of all the parties involved – government, housebuilders, material suppliers, the warranty industry, the design industry and the end users. These are shared problems, and they require shared solutions, but without first understanding these complex problems from the perspectives of all parties that need to benefit from the solutions being proposed, it is unlikely that those solutions will achieve the level of engagement needed for them to successfully meet their objectives.
Applying an International Human Rights Framework to State Budget Allocations: Rights and Resources (Routledge Research in Human Rights Law)
by Rory O'Connell Aoife Nolan Colin Harvey Mira Dutschke Eoin RooneyHuman rights based budget analysis projects have emerged at a time when the United Nations has asserted the indivisibility of all human rights and attention is increasingly focused on the role of non-judicial bodies in promoting and protecting human rights. This book seeks to develop the human rights framework for such budget analyses, by exploring the international law obligations of the International Covenant on Economic, Social and Cultural Rights (ICESCR) in relation to budgetary processes. The book outlines international experiences and comparative practice in relation to economic and social rights budget analysis and budgeting. The book sets out an ICESCR-based methodology for analysing budget and resource allocations and focuses on the legal obligation imposed on state parties by article 2(1) of ICESCR to progressively realise economic and social rights to 'the maximum of available resources'. Taking Northern Ireland as a key case study, the book demonstrates and promotes the use of a ‘rights-based’ approach in budgetary decision-making. The book will be relevant to a global audience currently considering how to engage in the budget process from a human rights perspective. It will be of interest to students and researchers of international human rights law and public law, as well as economic and social rights advocacy and lobbying groups.
Applying an International Human Rights Framework to State Budget Allocations: Rights and Resources (Routledge Research in Human Rights Law)
by Rory O'Connell Aoife Nolan Colin Harvey Mira Dutschke Eoin RooneyHuman rights based budget analysis projects have emerged at a time when the United Nations has asserted the indivisibility of all human rights and attention is increasingly focused on the role of non-judicial bodies in promoting and protecting human rights. This book seeks to develop the human rights framework for such budget analyses, by exploring the international law obligations of the International Covenant on Economic, Social and Cultural Rights (ICESCR) in relation to budgetary processes. The book outlines international experiences and comparative practice in relation to economic and social rights budget analysis and budgeting. The book sets out an ICESCR-based methodology for analysing budget and resource allocations and focuses on the legal obligation imposed on state parties by article 2(1) of ICESCR to progressively realise economic and social rights to 'the maximum of available resources'. Taking Northern Ireland as a key case study, the book demonstrates and promotes the use of a ‘rights-based’ approach in budgetary decision-making. The book will be relevant to a global audience currently considering how to engage in the budget process from a human rights perspective. It will be of interest to students and researchers of international human rights law and public law, as well as economic and social rights advocacy and lobbying groups.
Applying Analytics: A Practical Introduction
by E. S. LevineNewcomers to quantitative analysis need practical guidance on how to analyze data in the real world yet most introductory books focus on lengthy derivations and justifications instead of practical techniques. Covering the technical and professional skills needed by analysts in the academic, private, and public sectors, Applying Analytics: A Practic