Are the C formatted I/O functions (printf, sprintf, etc) more popular than IOStream, and if so, why?

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I've been looking through a lot of code made by others lately and happened to notice everyone uses "printf" style C functions a lot, but the C++ functions learned in school (cout, specifically) don't seem so popular.

Is this a valid observation, and is there a reason for this? Convention?

Thanks,

R

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