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It depends on how well you pack it, how good a condition it is in, and on how correctly you use it.

In practice, the probability is very low. About one in every 100,000 jumps in the US results in a fatality, a probability of about 0.00001, but that's not just due to parachute failure. One unconfirmed estimate is that one in a thousand (0.001) main chute deployments result in a malfunction, but it is true that very few of those result in a fatality, primarily because there is a reserve chute that is maintained and packed under different, more stringent, requirements.

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Q: What is the probability of your parachute failing?
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