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?

I sleep during the day and fly at night, but I have no feathers to aid my flight. What am I?

A rubber ball keeps on bouncing back to 2/3 of the height from which it is dropped. Can you calculate the fraction of its original height that the ball will bounce after it is dropped and it has bounced four times without any hindrance ?

Can you find a five letter word that is left with only two letters if one is removed?

What can go through glass without breaking it?

Which country gets ill every time?

How can one talk without saying a single word?

I can sizzle like bacon,
I am made with an egg,
I have plenty of backbone, but lack a good leg,
I peel layers like onions, but still remain whole,
I can be long, like a flagpole, yet fit in a hole.

Which alphabet letter is a question?

With the help clues provided in the image, can you find the 5 digit key?