Step 1 :Let's denote the number of female passengers who survived as 'female_survived' and the total number of female passengers as 'total_female'.
Step 2 :Given that 'female_survived' = 79 and 'total_female' = 468.
Step 3 :The probability of an event is calculated by dividing the number of ways the event can occur by the total number of outcomes.
Step 4 :In this case, the event is a female passenger surviving, and the total number of outcomes is the total number of female passengers.
Step 5 :So, we need to divide 'female_survived' by 'total_female'.
Step 6 :\(probability\_female\_survived = \frac{female\_survived}{total\_female} = \frac{79}{468} = 0.16880341880341881\)
Step 7 :Rounding to three decimal places, we get \(probability\_female\_survived = 0.169\)
Step 8 :Final Answer: The probability that a female passenger selected at random survived is \(\boxed{0.169}\).