The average velocity is -4.17 m/s
Explanation:
The average velocity of a body is given by:

where
d is the displacement of the body
t is the time elapsed
For the student in this problem, we have:
Initial position: 
Final position: 
So the displacement is

The time elapsed is
t = 60 s
Therefore, the average velocity is

Where the negative sign means the student is moving towards the origin.
Learn more about average speed and velocity:
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To calculate the initial velocity of the bike, we use the following equation
.
or

Here, u is initial velocity, v is final velocity, t is the time and d is the distance covered by bike.
Given,
,
and
.
Substituting these values in above equation, we get
.
Thus, the initial velocity of the bike is 1.2 m/s.