From "The ISO Definition of the Dynamic Range of a Digital Still Camera", I have the following formula:
$$ \mathrm{DR} = \frac{1.4L_\mathrm{sat}G_\mathrm{i}}{N_\mathrm{D}} $$
where
- \$\mathrm{DR}\$ is the dynamic range;
- \$L_\mathrm{sat}\$ is the luminance at the “margin level”,70.1% of the maximum recordable(saturation)luminance(yes,\$L_\mathrm{sat}\$ is a peculiar symbol for that);
- \$G_\mathrm{i}\$ is the incremental gain at the reference black luminance;
- \$N_\mathrm{D}\$ is the measured digital noise at the reference black luminance
But \$L_\mathrm{sat}\$ is 100/140 (1/1.4) of the actual saturation luminance (which we call here \$L_\mathrm{clip}\$).
Thus we can recast equation 2 as:
$$ \mathrm{DR} = \frac{L_\mathrm{clip}G_\mathrm{i}}{N_\mathrm{D}} $$
I cannot understand this \$L_\mathrm{clip}\$ and \$L_\mathrm{sat}\$ and the relationship between them.