Georges wants to invest 50000$ and has a choice between two options: Investment I is expected to grow by 0.1415% with a standard deviation of 1.649%. Investment II is expected to grow by 0.1095% with a standard deviation of 1.047%. If you keep the money in your bank account then you get an interest rate of 0.02%. Georges wants to base his decision on the amount he might lose, even after ruling out the worst 1% returns. Explain which Investment Georges should choose.

Round the results to 4 decimal places:

Return relative to the risk option 1:

Return relative to the risk option Option 2: