To write 1.002 in decimal Word form, you would say "one and two thousandths." This is because the digit 1 is in the ones place, the digit 0 is in the tenths place, the digit 0 is in the hundredths place, and the digit 2 is in the thousandths place. Therefore, you would read it as "one point zero zero two" or "one and two thousandths."
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