The correct answer is: C. equal to 0.707 times the peak amplitude.

The root mean square (rms) value of a sine wave is the square root of the average of the squared values of the wave over one cycle. It is equal to 0.707 times the peak amplitude.

Option A is incorrect because the number of cycles completed in one second is called the frequency.

Option B is incorrect because the time required to complete one full cycle is called the period.

Option D is incorrect because the peak amplitude is the maximum value of the sine wave.

Option E is incorrect because the rms value of a sine wave is not equal to 1.41 times the peak amplitude.