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Verified Answer :

MissPhiladelphia

Speed and velocity have the same magnitudes. The only difference is that speed is a scalar quantity and velocity is a vector quantity. In other words, speed is just a magnitude, while velocity is a magnitude with direction. They're essentially the same.

Let's convert miles to meters and minutes to seconds

1/4 mile = 402.34 meters ( 1 mile = 1609 m)
13.1 minutes = 786 seconds (1 minute = 60 seconds)

Speed is calculated as distance over time, thus,

Speed = (402.34 meters)*8/786 seconds
a.) Speed = 4.1 m./s
b.) Velocity = 4.1 m/s