Step 1: Analyze each statement.
A: Incorrect, as the graph is not a parabola but rather a more complex function of radius and viscosity.
B: Incorrect, as terminal velocity varies with ball size and density.
C: Correct, as viscosity and terminal velocity are temperature-dependent.
D: Correct, as variations in terminal velocity can reflect differences in liquid density.
E: Correct, as the initial speed affects the drag force and settling time, influencing the measured viscosity.