Question $3$

$2$ pts

$\backslash$table$[[$Outcome$,$Probability,Return$],[$Boom$,60\%,0\mathrm{.}33],[$Normal$,25\%,0\mathrm{.}16],[$Recession$,10\%,0\mathrm{.}14],[$Depression$,5\%,0\mathrm{.}03]]$

What is the variance of this asset's returns? Please report your answer as a decimal, rounded to four decimal places.