Abstract
I don't remember when someone popularized the idea of sensitivity. But it is a really simple idea to gather. What you want to know is, "by what % will \$y\$ change if I change \$x\$ by some %?" Both of these are relative measures, but really important because parts, like resistors, will have specifications in percentages. So you may know the range of possible %-changes in something and wish to know how that may impact the %-change in something else.
Discussion
A %-change is defined in algebra as \$\frac{\Delta\,x}{x}\$. But that uses finite values and can only be an approximation, at best. Instead, calculus refines this and makes it perfectly accurate by instead saying \$\frac{\text{d}\,x}{x}\$. These are essentially similar, except that you don't need the limit statement saying, as \$\Delta\,x\to 0\$, anymore. (Here, we are saying, "take an infinitesimal change in \$x\$ and divide that by the current value of \$x\$." This is always a "tiny" percentage value -- in fact, less than any finite percent change but more than zero.)
So, if you want to find out how one thing changes (in %-terms) when something else changes (in %-terms), then you want to work out:
$$S^y_x=\frac{\frac{\text{d}\,y}{y}}{\frac{\text{d}\,x}{x}}=\frac{\text{d}\,y}{\text{d}\,x}\cdot\frac{x}{y}$$
You can later re-organize the above into \$\frac{\text{d}\,y}{y}=S^y_x\cdot \frac{\text{d}\,x}{x}\$, which is useful because once you have \$S^y_x\$ you are able to compute:
$$\%\text{-change}\:y=S^y_x\cdot \%\text{-change}\:x$$
A general example from your linked page
So, let's take their case where \$Q=R\sqrt{\frac{C}{L}}\$. You should be able to readily find that:
$$\begin{align*}
\frac{\text{d}\, Q}{\text{d}\,C}&=\frac{R\,\sqrt{\frac{C}{L}}}{2\,C}=\frac12\,\frac{Q}{C}\\\\&\therefore\\\\S^{^\text{Q}}_{_\text{C}}&=\frac{\frac{\text{d}\,Q}{Q}}{\frac{\text{d}\,C}{C}}=\frac{\text{d}\,Q}{\text{d}\,C}\cdot\frac{C}{Q}=\frac12\,\frac{Q}{C}\cdot\frac{C}{Q}=\frac12
\end{align*}$$
This just means that:
$$\%\text{-change}\:Q=\frac12\cdot \%\text{-change}\:C$$
That's the interpretation.
This only works for relatively small %-change values. (If you are using large-scale changes then the above formula very well may not apply.)
Interpretation of your linked document
Let's take their case in point. From page 12, you have \$C=160\:\text{nF}\$, \$L=1.6\:\text{mH}\$, and \$R=70.7\:\Omega\$. Their transfer function on page 12 is correct, but it isn't in standard form. To get closer, first divide through by \$L\,C\$:
$$G_s=\frac1{s^2+\frac1{R\,C}s+\frac1{L\,C}}$$
Setting \$\omega_{_0}=\frac1{\sqrt{L\,C}}\$ and \$\alpha=\frac12\,\frac1{R\,C}\$, you find that the unitless damping factor is \$\zeta=\frac{\alpha}{\omega_{_0}}\$. Now you can write:
$$G_s=\frac1{s^2+2\zeta\,\omega_{_0}\,s+\omega_{_0}^2}$$
And that is now in standard form. Note also that \$Q=\frac1{2\,\zeta}\$.
Let's do some computations.
Find first that \$\omega_{_0}=\frac1{\sqrt{1.6\:\text{mH}\cdot 160\:\text{nF}}} = 62.5\times 10^3\:\frac{\text{rad}}{\text{s}}\$ (or \$f\approx 9.9472\:\text{kHz}\$.) Then find \$\zeta\approx 0.7072\$. (And find \$Q=0.707\$.)
Let's change the capacitance so that it is 5% more -- \$C=168\:\text{nF}\$.
Find \$\omega_{_0}=\frac1{\sqrt{1.6\:\text{mH}\cdot 168\:\text{nF}}} = 60.994\times 10^3\:\frac{\text{rad}}{\text{s}}\$ (or \$f\approx 9.707\:\text{kHz}\$.) Then find \$\zeta\approx 0.6902\$. Here now, the actual calculation results in \$Q\approx 0.7245\$.
From the sensitivity equation, we'd expect to see a %-change in \$Q\$ of about half of the percent change in \$C\$. So, a 5% increase in \$C\$ should mean about a 2.5% increase in Q; or an estimated result of \$Q=.707 \times 1.025 \approx 0.7247\$. Which is close enough.
Note: Adil Malik, in a comment below, correctly points out that this
doesn't work for large changes. In that case, you have to look
directly at the equation for \$Q\$, itself. That's why they used a
square-root in the linked document. Not because of the sensitivity of
\$\frac12\$. But instead because they looked directly at the
large-scale equation. Thanks so much to Adil Malik for calling my
attention to this.
The sensitivity equation only works well on small scale changes. In the linked document, they used the large-scale equation, instead.