The accurate statement about the investigation is:
The 500-gram rock causes a larger splash because it has more kinetic energy.
This is because kinetic energy is given by the formula \( KE = \frac{1}{2}mv^2 \), where \( m \) is mass and \( v \) is velocity. Although both rocks will have the same velocity just before hitting the water (assuming no air resistance), the 500-gram rock has more mass, which results in higher kinetic energy and therefore a larger splash upon impact.