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Which decimal fraction represents the thousandths place?

  1. 0.0001

  2. 0.001

  3. 0.01

  4. 0.1

The correct answer is: 0.001

The thousandths place in a decimal number refers to the position three places to the right of the decimal point. To clearly understand this, consider how decimal positions are structured: - The first place to the right of the decimal is the tenths place. - The second place is the hundredths place. - The third place is the thousandths place. When we look at the decimal fraction 0.001, it has '1' in the thousandths place, making it the correct representation of that specific value. The other decimal fractions do not have values in the thousandths place. For example, 0.0001 is in the ten-thousandths place, 0.01 is in the hundredths place, and 0.1 is in the tenths place. Thus, 0.001 accurately represents a value with '1' situated precisely in the thousandths position.