In the expression \(5.00x + 7.50y\):
- \(5.00x\) represents the earnings from student tickets, where \(x\) is the number of student tickets sold and each ticket costs $5.00.
- \(7.50y\) represents the earnings from adult tickets, where \(y\) is the number of adult tickets sold and each ticket costs $7.50.
Now, let's analyze the statements:
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Statement 1: "The school will make about $121.50 after all tickets are bought."
- This is not a correct interpretation of any part of the expression, as it makes a claim about total earnings without specifying the values of \(x\) and \(y\).
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Statement 2: "Student tickets are $5.00 each."
- This statement is correct since \(5.00x\) indicates that student tickets cost $5.00.
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Statement 3: "Student tickets are $7.50 each."
- This statement is incorrect, as the $7.50 is associated with adult tickets, not student tickets.
Based on the analyses of these statements, Statement 2 correctly interprets a part of the expression.
So, the answer is Statement #2 correctly interprets a part of the expression.