A seasonal effect is one that repeats at fixed intervals of time,typically a year,month,week,or day.

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A seasonal effect is defined as a pattern or trend that occurs at fixed intervals of time, usually within a year, such as during specific months or seasons. This pattern can have an impact on various aspects of business or society, such as consumer behavior or economic activity. Therefore, the statement is true.

A Seasonal Effect Is One That Repeats at Fixed Intervals