Joi, Inc., stock has an annual return mean and standard deviation of 11 percent and 32 percent, respectively. What is the smallest expected loss, in percentages, in the coming month with a probability of 2.5 percent? (Note: Use 2 as the multiple in your probability statement)

Also, is the below similar?

You find a particular stock has an annual standard deviation of 25 percent. What is the standard deviation for a 2-month period?