moodle/lang/en/help/exercise/grade.html

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<p align="center"><b>The Grade of the Exercise</b></p>
<p>This value determines the maximum grade which can be awarded in
the exercise. The range is 0 to 100%.. This value can be changed at
any time during the exercise. Any change has an immediate effect in
the Grades page and to the grades given to assessments and
submissions.</p>