Brilliant Student Riddle

There was once a college that offered a class on probability applied to the real world. The class was relatively easy, but there was a catch. There were no homework assignments or tests, but there was a final exam that would have only one question on it. When everyone received the test paper it was a blank sheet of paper with a solitary question on it: 'What is the risk?'.Most students were able to pass, but only one student received 100% for the class! Even stranger was that he only wrote down one word!
What did he write?




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This is a famous paradox which has caused a great deal of argument and disbelief from many who cannot accept the correct answer. Four balls are placed in a hat. One is white, one is blue and the other two are red. The bag is shaken and someone draws two balls from the hat. He looks at the two balls and announces that at least one of them is red. What are the chances that the other ball he has drawn out is also red?

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