The correct response is: The frequency would increase and the wavelength would decrease, but the amplitude would be unchanged.
When the students move the ends of the rope faster while maintaining the same distance of up-and-down movement, they create more waves in the same amount of time, which means the frequency is higher. As frequency increases, the wavelength decreases because the waves are packed closer together. The amplitude, which refers to how high the wave peaks are, remains unchanged if the students are moving the ends of the rope the same distance as before.