Decimal places represent precision in a decimal number. Each digit to the right of the decimal point is a decimal place.
In mathematical problems, sometimes you are asked to round or carry out calculations to a certain number of decimal places. For example, in this conversion, we need to have three decimal places.
The decimal result of \(\frac{1}{8}\) is 0.125, which already has three decimal places.
It's important to understand the placement as it indicates how precise your conversion or calculation is:
- The first digit after the decimal is the tenths place.
- The second digit is the hundredths place.
- The third digit is the thousandths place.
For the decimal 0.125:
- 1 is in the tenths place, equivalent to \(\frac{1}{10}\).
- 2 is in the hundredths place, equivalent to \(\frac{2}{100}\).
- 5 is in the thousandths place, equivalent to \(\frac{5}{1000}\).
Understanding and accurately calculating decimal places ensures your answers are precise and meet mathematical requirements.