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This panel lets you choose how grades are displayed to students.

There are different "gradebooks" available:

In addition, use of significant digits when grading numerical problems can be disabled from this panel.

Two additional settings available in this panel can be used to change the algorithms for (a) Receipt creation, and (b) Randomization. It is unlikely you would need to change those, and indeed you should avoid changing the Randomization algorithm once the course is in progress, and students have made submissions to assignments.