Decode below rebus
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S , D

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?

Suppose that you are trapped on the surface of a frozen lake. The surface is so smooth and ideal that there is no friction at all. You cant make any grip on the ice and no wind is blowing to help you out. You have just a mobile phone with you which has got no reception disabling you to call for help.

How will you plan your escape before you freeze to death on the frozen lake?

A shepherd had 18 sheep, out of which, all but ten died.

Can you tell us how many sheep was he left with?

How can you take 2 from 5 and leave 4?

Find the hidden panda in the image below.

In the following picture, E is going to slide the object down and as per the terrain and the physics, the round object is going to travel all the way till the end. Now, can you analyze who all people will die when it happens?

How many people must be gathered together in a room, before you can be certain that there is a greater than 50/50 chance that at least two of them have the same birthday?

I have no life, but I can die. What am I?

What 8 letter word can have a letter taken away and it still makes a word. Take another letter away and it still makes a word. Keep on doing that until you have one letter left. What is the word?