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Calculated Metric is a Metric in Google Analytics under the Custom Variables or Columns section
Calculated Metric Definition: The value of the requested calculated metric, where refers to the user-defined name of the calculated metric. Note that the data type of ga:calcMetric_ can be FLOAT, INTEGER, CURRENCY, TIME, or PERCENT. For details, see https://support.google.com/analytics/answer/6121409.
Data Analytics & Insights Google Analytics Metrics Calculated Metric