Do we have to take the final exam if we are satisfied with our hour exam scores?

Yes.

The final exam is 28.6% of your grade. Not taking it will reduce your maximum possible grade to 71% and will probably result in a grade of D or F.

Be sure to spend the semester studying for the final exam. Short-term strategies such as cramming for hour exams can mislead you into thinking that you know the material when you do not.

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