Step 1 :The distance the diver falls in t seconds is given by the function \(d(t)=16 t^{2} \mathrm{ft}\).
Step 2 :We can find when the diver will hit the water by setting the distance function equal to the height of the cliff and solving for time. So, we set \(d(t) = 81\) and solve for \(t\).
Step 3 :Solving the equation \(16t^2 = 81\) gives us two solutions for \(t\), which are \(-\frac{9}{4}\) and \(\frac{9}{4}\). However, time cannot be negative, so we discard the negative solution.
Step 4 :Therefore, the diver will hit the water after \(\boxed{\frac{9}{4}}\) seconds.
Step 5 :We can find the velocity of the diver when they hit the water by taking the derivative of the distance function, which gives us the velocity function \(v(t) = 32t\).
Step 6 :Evaluating the velocity function at the time the diver hits the water, \(t = \frac{9}{4}\), gives us a velocity of \(72 \, \mathrm{ft/s}\).
Step 7 :Therefore, the diver will hit the water with a velocity of \(\boxed{72 \, \mathrm{ft/s}}\).