True or False: Jumping off a diving board and into a pool is an example of a contact force.

False

Explanation:

A contact force is any force that requires contact to occur. Contact forces are ubiquitous and are responsible for most visible interactions between macroscopic collections of matter. Pushing a car up a hill or kicking a ball across a room are some of the everyday examples where contact forces are at work. 

when two balls of the different masses are dropped from equal height, they reach the ground at the same time .this is because they experience the same acceleration.

the acceleration is independent of mass.

thus when they are dropped they will always maintain the same velocity and travel the same distance (neglect air resistance of course) at the same time.