A potential benefit of risk identification activities is that management can use the results to evaluate the performance of individuals

Cost inflation provokes price increases

Indicate whether the statement is true or false

Assume the regression equation is y=$75 + $25x and we are predicting the weekly grocery expenditures where x=number of family members. How much would a family of 4 spend on groceries per week?

A) $700 B) $400 C) $175 D) $100 E) $425