I want just to add a thing. I think that the only reasoning we can do without solving the Navier-Stokes equations, nor doing experiments, is a dimensional analysis calculation.
(I suggest these notes sec 3.6 pag.83 for a complete treatment of this approach.)
The physical parameters we have are the density of water, the density of the ball (we have its mass and volume), the speed of the ball hitting the surface of the flow (via the conservation of kinetic energy, assuming no air resistance), and the viscosity of water. So:
$$\rho_b=m/V,\ \ mgh=\frac{1}{2}mv_b^2 \Longrightarrow v_b=\sqrt{2gh}$$
The only group of these parameters having the dimensions of a lenght is:
$$ \left(\frac{\rho_b}{\rho_w}\right)^\alpha\frac{\mu}{v_b}=\left( \frac{m}{\rho_wV}\right)^\alpha \frac{\mu}{\sqrt{2gh}}$$
with arbitrary $\alpha$. So we can't estimate neither the value of the amplitude, nor the frequency of the wave with only this argument, and we should solve the Navier-Stokes equations in this particular case (as said in the previous answer, this is possible only in a few special cases). Therefore, we can just state the dependence on some physical parameters, saving the arbitrariness about the power of the non-dimensional number $\rho_b/\rho_w$.