update params pointing to v0.11.1.1

[Jooho]

For ODH release, I update the image tag to v0.11.1.1

[openshift-ci[bot]]

[APPROVALNOTIFIER] This PR is APPROVED

This pull-request has been approved by: Jooho

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Needs approval from an approver in each of these files: - ~~[OWNERS](https://github.com/opendatahub-io/modelmesh-serving/blob/release-0.11.1/OWNERS)~~ [Jooho] Approvers can indicate their approval by writing `/approve` in a comment Approvers can cancel approval by writing `/approve cancel` in a comment

[heyselbi]

/lgtm