The best statement that explains why using table tennis balls and mousetraps is a good model of a fission chain reaction is:
The table tennis balls represent neutrons that are released when the nucleus splits and cause other nuclei to split.
This is because in a fission chain reaction, when a nucleus splits (fissions), it releases neutrons. These neutrons can then go on to trigger the fission of other nearby nuclei, sustaining the chain reaction. The mousetraps can represent the nuclei that are being split, with the table tennis balls acting as the neutrons that initiate further fissions.