That is very interesting, thanks for clarifying that.
The book mentions that, and I didn't quite understand what it was saying until you broke it down, saying:
Unfortunately, the SNR is often calculated in the literaure as bar S/sigma b, which is a fundamentally different quantity from the SNR defined in Eq (4.1)
Where bar S is average peak high and sigma b is standard deviation of background.
I also noticed that the method
ThorLabs uses is the dynamic range method. I'm interested how the relationships are related, if at all. Like you said it makes intuitive sense that SNR is useful for concentration, while DR is useful for untargeted analysis.
The book talks about "figure of merit" which is basically how good a spectrometer is. The equation is:
(Signal to noise) / sqrt((Power Density of laser ) * (Bd, known raman response of an analyte) * (Concentration/Density of analyte) * (measurement time))
Then it talks about how this is theoretically equal to:
sqrt(Ad/AL * Omega * Q * T * K)
Where Ad - Detection area, AL - Laser spot size, Omega "angle of collection", Q Quantum efficiency, T - transmission of optics (to my understanding, optical losses), K "geometric factor".
Which at first was a head scratcher to me, but I think I understand this to mean... if you are comparing two spectrometers, ignoring controllable factors like laser power and time, and uncontrollable factors like the raman response of a given chemical; what you are left with is just comparing much of the laser spot goes through to the spectrometer, optical losses, quantum efficiency, and the factor of geometry and how much of the response you collect (backscattering, etc).