The fluorescence Correlation Spectroscopy (FCS) spectrum G(t) and Raster Image Correlation Spectroscopy (RICS) spectrum R(t) of dilute diffusing particles are determined by the displacement distribution function P (x, t) of the particles and by the experimental parameters of the associated optical trains. This letter obtains the general relationships between P (x, t) and these spectra. For dilute diffusing molecules in simple liquids, P (x, t) is a Gaussian in the displacement x; the corresponding G(t) is a Lorentzian in (x(t)) 2 . In complex fluids such as polymer solutions, colloid and protein solutions, and the interior of living cells, P (x, t) may have a non-Gaussian dependence on x, for example an exponential in |x|. We compare theoretical forms for FCS and for RICS spectra of two systems in which P (x, t) is a Gaussian or an exponential in x, but in which the mean-square displacements are precisely equal at all times. If the G(t) and R(t) arising from an exponential P (x, t) are interpreted by using the forms for G(t) and R(t) that are appropriate for a Gaussian P (x, t), the inferred diffusion coefficient may be substantially in error.