Andom Corporation has provided the following production and average cost data for two levels of monthly production volume.The company produces a single product. 
The best estimate of the total monthly fixed manufacturing cost is:
Definitions:
Parameter
A measurable attribute that characterizes a system or population, such as its mean or variance.
Counter Sales Narrative
A descriptive account focusing on the process and outcomes of direct sales transactions conducted over a counter.
Probability Density Function
A mathematical function that indicates how likely it is for a random variable to adopt a particular value.
Exponential Distribution
A probability distribution used to model the time between events in a Poisson process, where events occur continuously and independently at a constant average rate.
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