In chemical assays, specific molecular recognition events result in close p
hysical proximity of two molecular species, e.g., Ligands and receptors, Mi
croscopy techniques that are able to image individual molecules allow for a
chieving a positional accuracy far beyond the resolution limit. Therefore,
independent position determination, e.g,, by dual-color microscopy, becomes
possible, permitting determination of intermolecular distances beyond the
resolution limit. Nonzero measured distances occur due to experimental inac
curacies in case of a recognition event or due to accidental close proximit
y between ligand-receptor pairs. Using general statistical considerations,
finite measured distances between single ligand-receptor pairs are directly
translated into probabilities for true molecular recognition or mere accid
ental proximity, This enables a quantitative statistical analysis of single
recognition events. It is demonstrated that in a general assay, even in th
e presence of strong unspecific background, the probability for a certain d
iagnosis and a measure for its reliability can be extracted from the observ
ation of a few binding events. The power of the method is demonstrated at t
he example of a single-molecule DNA hybridization assay. Our findings are o
f major importance for future assay miniaturization and assaying with minut
e amounts of analyte.