Convert 92 Hundredths to Decimal Fraction: Step-by-Step Solution

To solve this problem, we'll follow these steps:

• Step 1: Identify the given information in verbal form as a decimal.
• Step 2: Understand the place value indicated by "hundredths."
• Step 3: Convert the verbal phrase into a numerical decimal form.

Now, let's work through each step:
Step 1: The problem gives us the phrase "ninety-two hundredths," which numerically is expressed as $92$.
Step 2: The term "hundredths" implies that $92$ should be divided by $100$, positioning the number in the hundredths place.
Step 3: To convert $92$ hundredths into a decimal, we divide $92$ by $100$, which gives us $0.92$.

Therefore, the decimal fraction of ninety-two hundredths is $0.92$, which corresponds to choice number 1.