Generally speaking, yes, there is a convention. On most Linux systems, application configuration files are usually located at /etc/appname/. You will want to check out LSB (the standard Linux base) and Linux FHS (the standard file system hierarchy) for relevant recommendations.
Also, if you are targeting your application to a specific Linux distribution, that distribution provider probably has its own specific recommendations regarding packaging and related conventions. For more information, you will want to look at the pages of the developers of the distribution developers.
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