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LTI graded assignment question

Question asked by connor on Sep 1, 2016
Latest reply on Sep 1, 2016 by Peter Love

I don't have access to a blackboard server of my own yet. How does this work? Does checking the LTI graded assignment mean that you can give it grades like 80/100? Or does this mean that it will accept some kind of submission that needs grading? Or am I wrong with both guesses?