The velocity vector, denoted by \( \mathbf{v} \), is derived from the position vector \( \mathbf{r} \) by differentiating with respect to time: \[ \mathbf{v} = \frac{d}{dt} \left( 5t^2 \hat{i} - 5t \hat{j} \right) = 10t \hat{i} - 5 \hat{j}. \] At time \( t = 2 \) s, the velocity is calculated as: \[ \mathbf{v} = 20 \hat{i} - 5 \hat{j} \, \text{m/s}. \] The magnitude of this velocity is determined by: \[ |\mathbf{v}| = \sqrt{20^2 + (-5)^2} = \sqrt{400 + 25} = \sqrt{425} = 5\sqrt{17} \, \text{m/s}. \] The direction of the velocity is defined by the angle \( \theta \) relative to the \( -\hat{y} \) axis, found using: \[ \tan \theta = \frac{|\text{component along } \hat{x}|}{|\text{component along } \hat{y}|} = \frac{20}{5} = 4. \] Consequently, \( \theta = \tan^{-1}(4) \).
Final Answer: \( 5\sqrt{17} \, \text{m/s}, \text{making an angle of } \tan^{-1}(4) \text{ with the } -\hat{y} \text{ axis} \).

