If the probability of a single person experiencing a certain condition (such as being killed, in your example) each year is $p$ then we can say that the probability of a single person not experiencing that condition in a year is $1-p$.
Then, the probability of a person never experiencing that condition throughout their $n$ years of life can be calculated as the product of probabilities of not experiencing that condition in every single one of those $n$ years. In your example, if a person is to not ever get killed in their life, that person should not be killed in their year 1, and not in year 2, and not in year 3, etc. So, the probability of not experiencing that certain condition in $n$ years is $(1-p)^n$ .
Now, the probability of experiencing that condition (in your example, getting shot) will be:
$$1 - (1-p)^n$$
In your example, $p=\frac{405}{250.4million}=0.0000016$ and $n=72.6$ , so:
$$1 - (1-p)^n = 0.000117$$
In other words, in your example a person has a nearly $0.01$ percent chance of experiencing that particular condition in their life.
As for the second portion, Aye! most people never skydive so their chance of dying due to it will be less but if we were to go under the assumption that everyone has experience in skydiving will the way I'm calculating be right?
– user107785 Jan 01 '21 at 16:05I was basically doing a bit of reading on Police Shootings and was trying to figure out the math. I saw that in a year 405 white people were killed by shootings and came to a conclusion that in a given year {405 / 250.4Million<-pop of white people *100 = 0.00016%approx are killed} and was trying to find the % chance a white person can be shot across their lifetime and that's where I ended up reaching a dead end.
– user107785 Jan 01 '21 at 18:18