Riddle #441

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 it was a blank sheet of paper with a solitary question on it: "What is 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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