You own an asset that will have one of the below returns over the next year. What is the expected variance of returns? (Answer as a decimal, round to the nearest ten-thousandth)

There is a 0.0 probability of a bad outcome with a return of -0.01.

There is a 0.1 probability of an ok outcome with a return of 0.02.

There is a 0.0 probability of a good outcome with a return of 0.08.

There is an unkown probability of a great outcome with a return of 0.16.