\(\text{LXXIV}=74\).
Step 1: Know the symbols.
\(L = 50\)
\(X = 10\)
\(V = 5\)
\(I = 1\)
Step 2: Write the numeral in parts.
\(\text{LXXIV} = L + X + X + IV\)
Step 3: Handle \(IV\) (a smaller symbol before a bigger one means subtract).
\(IV = 5 - 1 = 4\)
Step 4: Find each part.
\(L = 50\)
\(XX = 10 + 10 = 20\)
\(IV = 4\)
Step 5: Add the parts.
\(50 + 20 = 70\)
\(70 + 4 = 74\)
Conclusion: \(\text{LXXIV} = 74\), so the statement is true.