A botanist has developed new hybrid cotton plant which can withstand insects better than other cotton plants. But, there is some concern about the germination of seeds from new plant. To determine the probability that a seed from the new plant will germinate, a random sample of 3000 seeds was planted in warm, moist soil. Of these seeds, 2000 germinated.
Use relative frequencies to estimate the probability that a seed will germinate. What is your estimate? (Round your answer to 3 decimal places.)