What is the thousandths place?

The thousandths place is the fourth digit to the right of the decimal point in a number. It represents a value that is one thousandth of the whole number.

For example, in the number 3.456, the digit 6 is in the thousandths place, and represents a value of 0.006.

The thousandths place is important for representing very small values, such as measurements in science, engineering, and financial calculations. It is often used to determine precision and accuracy in calculations and measurements.

In decimal notation, the place value of each digit to the right of the decimal point decreases by a factor of 10. So, the thousandths place is 10 times smaller than the hundredths place, and 100 times smaller than the tenths place.