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In the Premier League, teams earn points based on their performance in matches. A win earns a team 3 points, a draw earns 1 point, and a loss earns 0 points. The standings of teams are determined by the total number of points they have accumulated throughout the season. The team with the most points at the end of the season is crowned the champion.

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Q: How do points work in the Premier League and how are they calculated to determine the standings of teams?
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