In this situation, the line of best fit represents the predicted average cost of a package of cookies based on the year since 2000.
If a point is far above the line, it indicates that the actual average cost of a package of cookies is higher than what is predicted by the line for that specific year.
Therefore, the correct option is:
A point above the line represents a cost of a package of cookies that is more money than predicted by the year since 2000.