Parameter Estimation and Sensitivity Analysis of an Optimal Control Model for Capital Asset Management

Table 1

Sensitivity classification of modelling parameters.

Class	Relative significance	Percentage change
Insensitive parameter	its influence on the model’s accuracy is not critical	0 - 0.9%
Sensitive parameter	its influence on the model accuracy is significant	1 - 9.9%
Very sensitive parameter	its influence on the model accuracy is very significant	10 - 19.9%
Extremely sensitive parameter	its influence on the model accuracy is very critical	>20%