Hi @mtrue11,

Each for each assignment group/category, Canvas takes adds the total points earned and divides them by the number of points possible for each student's completed and graded work.  So points still do have a lot of influence within groups (a 100 point quiz would count for 10x more than a 10 point quiz in the same assignment group).  The  How do I weight the final course grade based on as... - Instructure Community - 746  guide has even more detailed info about this if you're interested.

I hope this info helps!

-Chris