Concept:
This problem is a direct application of the Mean Value Theorem (MVT), which states that for a continuous and differentiable function, there exists some point $c$ in the interval $(a, b)$ where the instantaneous rate of change (the derivative $f^{\prime}(c)$) equals the average rate of change (the slope of the chord connecting the endpoints).
Step 1: Calculate the slope of the chord.
Use the slope formula $m = \frac{y_2 - y_1}{x_2 - x_1}$ for the points $(4, 2)$ and $(16, 4)$:
$$m_{chord} = \frac{4 - 2}{16 - 4}$$
$$m_{chord} = \frac{2}{12} = \frac{1}{6}$$
Step 2: Find the derivative of the function.
Differentiate $f(x) = \sqrt{x} = x^{1/2}$ with respect to $x$:
$$f^{\prime}(x) = \frac{1}{2}x^{-1/2}$$
$$f^{\prime}(x) = \frac{1}{2\sqrt{x}}$$
Step 3: Set the derivative equal to the chord slope.
Since the tangent line at $x = c$ is parallel to the chord, their slopes must be identical. Substitute $x = c$ and set it equal to $1/6$:
$$f^{\prime}(c) = \frac{1}{2\sqrt{c}} = \frac{1}{6}$$
Step 4: Solve the resulting equation for c.
Cross-multiply to isolate the square root term:
$$2\sqrt{c} = 6$$
Divide both sides by 2:
$$\sqrt{c} = 3$$
Step 5: Calculate the final value.
Square both sides of the equation to eliminate the radical and find $c$:
$$c = 3^2 = 9$$
Check that $9$ is indeed within the open interval $(4, 16)$, which it is.
Hence the correct answer is (B) 9.