I would say you are conflating a signal to noise measurement with the perception of an image: a regression to the mean? This was the issues with measuring granularity in film: granularity was a perceptual measure, not a measure for grain size. SNR is fixed with the system, the perception of that results from a different process (in your example, the SNR could be the same at different viewing distances and assuming equal viewing distance might have statistical validity in one population of photographers, but not in all). This problem is very much like difference in the absolute perspective of an image being the result of camera to subject distance, and the apparent perspective in an image being related to the viewing distance of a print/display. One of these is the result of the imaging system, the other the viewer. But it would be incorrect to say that apparent perspective is the result of focal length, even though focal length and viewing distance correlates.