Jim is 42 years old and has decided to retire from teaching high school. Having decided at age 35 to get an advanced degree, he
has now completed a doctoral degree and plans to become a teacher education professor. Although it involved much work, he says, "At least I won’t be an old teacher, now I’ll be a young professor." According to Daniel Levinson, Jim is in which stage of a man’s life?
According to Daniel Levinson, Jim is in the <em>mid-life transition stage</em>. Daniel Levinson's theory of the seasons of a man’s life describes universal stages that stretch from infancy to elderly life. Development does not stop, it continues through adult age. The transitional period marks the end of a person’s stage as Jim's retirement from teaching high school and the beginning of a new stage in Jim's case as a professor.
Sensitivity analysis is a technique that permits the analysis of changes in assumptions used in forecast. It helps judge the degree of risk and also recognises and allows us to identifie whether or not there is an accurate forescast.