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Place values in math refer to the value of digits based on their position in a given number.

To estimate a decimal to the thousandths place one must estimate to the third digit or place after the decimal point.

Example:

3.14159 when rounded to the thousandths place would be 3.142

The name of the place value is derived from the fraction that the digit represents.

Example:

.1 is one tenth of 1. Therefore the first digit after or to the right of a decimal point is in the tenths place.

.01 is one hundredth of 1. Therefore the second digit after a decimal point is in the hundredths place.

This pattern continues through thousandths, ten-thousandths and beyond adding a zero to the end of the place value with each space beyond the decimal to determine the next name.

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12y ago

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Estimating by rounding to the thousands place means that you round the number to the nearest thousand. For example, if you have a number like 5,679, you would round it to 6,000. This allows you to get a rough idea of the size or magnitude of the number without having to work with the exact value.

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1y ago
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Q: What does it mean to estimate by rounding to the thousands place?
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