Graduate Management Admission Test
Table:
Graduate Management Admission Test

Acronym	GMAT
Type	Computer-based standardized test
Administrator	Graduate Management Admission Council
Skills tested	Quantitative reasoning, verbal reasoning, integrated reasoning, analytical writing.
Purpose	Admissions in graduate management programs of business schools.
Year started	1953; 71 years ago (1953)
Duration	3 hours and 7 minutes[1]
Score range	Quantitative section: 6-51, in 1 point increments,
Verbal section: 6-51, in 1 point increments,
Integrated reasoning section: 1 to 8, in 1 point increments,
Analytical writing assessment: 0.0 to 6.0, in 0.5 point increments.
Total score (from verbal and quantitative sections only): 200 to 800.
Score validity	5 Years
Offered	Multiple times a year.
Regions	650 test centers in 114 countries.[2]
Languages	English
Annual number of test takers	More than 200,000 (2019)[3]
Prerequisites	No official prerequisite. Intended for those interested in graduate management education. Fluency in English assumed.
Fee	US$ 250
Used by	More than 7,000 programs at approximately 2,300 graduate business schools around the world accept the GMAT exam.
Website	mba.com

Based on the table, state whether the hypothesis is entailed, neutral, or refuted. Provide the verdict inside {"answer": "YOUR ANSWER"} as JSON.

Statement: The GMAT is good for life.

answer: refuted