What is the below Rebus indicate?

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?

A man is found dead in his bathroom naked with blood scattered all around him. The bathroom was locked from the inside and there is no trace of any struggle. There is nothing in the bathroom except his pant with the belt still around and his shirt. Also, the medic team can't find any incision in his body that may have been the reason behind so much blood loss.

The Police department is clueless regarding this murder mystery.
Can you?

Find the hidden panda in the image below.

You walk into a room that contains a match, a kerosene lamp, a candle and a fireplace. What would you light first?

There is an exact a week gap between Christmas and New Year. Hence, It is obvious that the new year that comes right after Christmas comes on the same day of the week.

A Strange thing happened in the Year 1777. Christmas occurs on Wednesday and New Year on Monday. How is that possible?

Can you arrange four 9's and use at most 2 math symbols, to make the total 100?

It belongs to you, but other people use it more than you do. What is it?

If a boy blows 18 bubbles,
Then pops 6 eats 7 and then
He pops 5 and blows 1.
How many are left?

Two men play a dice game involving roll of two standard dice. Man X says that a 12 will be rolled first. Man Y says that two consecutive 7s will be rolled first. The men keep rolling until one of them wins.

What is the probability that X will win ?