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The first step involved in calculating the Pearson correlation coefficient is to:
Asset Account
An account that represents a resource owned or controlled by a company that is expected to provide future economic benefits.
Consumed
Used up or exhausted, particularly in reference to resources or goods.
Liability
A financial obligation or amount owed by a business to creditors, typically reflected on the balance sheet.
Fiscal Year
A 12-month period used for accounting purposes and preparing financial statements, which may not coincide with the calendar year.
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