Which of these decimal places represents the digit in the hundredths position?

The digit in the hundredths position specifically refers to the second digit to the right of the decimal point in a decimal number. In decimal notation, the first position to the right of the decimal point is the tenths position, and the second is the hundredths position.

When analyzing the choices, the value that correctly represents the hundredths position is .01, which indicates that the first digit following the decimal is in the tenths position (1), while the second digit is in the hundredths position (0). In this scenario, .01 indeed provides a clear example of how a digit in the hundredths position would appear.

The other options each represent positions that are not hundredths. For example, .1 indicates the tenths position, .001 indicates the thousandths position, and .0001 indicates the ten-thousandths position. Thus, the correct answer is .01, as it clearly represents a digit in the hundredths position.