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The amplitude is from the absolute value of the 0 point on the y-axis to the highest(peak) or lowest(troph) point of the wave. In this question, 3cm is the highest and -3cm is the lowest, so the amplitude is 3cm.
A beat is an interference pattern between two sounds of slightly different frequencies, perceived as a periodic variation in volume whose rate is the difference of the two frequencies. Frequency beat is equal to,

The reference frequency in our case would be 392Hz, and since there is the possibility of the upper and lower range for the amount of beats per second that the two possible frequencies are heard would be


Therefore the two possible frequencies the piano wire is vibrating at, would be 396Hz and 388Hz
The initial height of the first body is given by:

where
g is the gravitational acceleration
t is the time it takes for the body to reach the ground
Substituting t=1 s, we find

The second body takes takes t=2 s to reach the ground, so it was located at an initial height of

The second body started its fall 1 second before the first body, therefore when the second body started its fall, the first body was located at its initial height, i.e. at 4.9 m from the ground.