@cleeds
We know that CD has a greater potential dynamic range than LP but in practice, the opposite is often the case. Just look at the DR database.
"Dynamic range" has multiple definitions even in professional sense. For starters, for a given recording one can derive large number of dynamic ranges based on even a single parameter of averaging over time.
Then, if we go deeper, to psychoacoustics of music perception, we may start discerning different large sets of dynamic ranges for large number of frequency ranges, for "standard ear".
Going deeper yet, we ought to take into account individual hearing systems differences. A typical teenager, for instance, may discern a wider dynamic range at 15KHz compared to a typical retiree.
The standardized procedures are indeed useful, as they give general idea about the dynamic range of a given recording, allowing to compare different recordings in this regard, yet those are gross simplifications.
Depending on the method of dynamic range measurement, most suitable in a certain sense for a given music piece and listener, ether CD or LP may be "proven" to have a greater potential dynamic range.