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What is the formula used for the course WAM (Weighted Average Mark) calculation?

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What is the formula used for the course WAM (Weighted Average Mark) calculation?

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The course Weighted Average Mark (WAM) is equal to the Sum of the (Mark achieved for the unit/subject multiplied by the credit points for the unit/subject) in the course divided by the Sum of the total credit points of the units/subjects included in calculation. In formula – Weighted Average Mark (WAM) = ∑ (Mark achieved X credit points for the unit/subject) / ∑ (Total credit points of units/subjects included in calculation).

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