But that doesn't make any sense.
If you know how to swim, you know how to take breaths when you need them.
If you don't know how to swim, even if you're a white college athlete, then a superior lung capacity just lengthens the drowning event.
a topic in which I can rightfully call myself an expert... finally!
Lung volume dictates how buoyant one can make themselves, separate from innate buoyancy that is determined by overall density (fat, muscle mass - bone density can't be that relevant.. never heard of that as a factor in human buoyancy - it would be so small a differentiator). Fat people are more innately buoyant and muscular people are less.
Lung capacity dictates the degree to which you can increase your buoyancy beyond your innate buoyancy. By expanding your lungs through the draw of breath, you increase your overall volume without changing your mass. This makes you more buoyant (less dense). Try it in a bath tub. Lay back, relax, and empty your lungs. You will sink. Try it again, except this time take a deep breath... you rise higher up in the water.
Scuba divers master their lung control and use the depth of their breath to control their depth in the water. a Perfectly weighted diver (weights are used to cancel innate buoyancy) will be perfectly neutral in the water when breathing normally. when breathing shallowly, they descend. When breathing deeply, they rise.
The amount a regular set of lungs can offset your innate buoyancy is incredible. huge. The slightest change in lung size (depth of breath) has a major impact on buoyancy. To that point, I find it highly unlikely that overall lung capacity has any real effect on a person's ability to achieve positive buoyancy. It's just too damn easy to sip the tiniest amount of air and go from negative to positive.