Step 1: Concept
Analyzing alternating series or patterns of squares.
Step 2: Analysis
The sequence includes squares of numbers:
- $196 = 14^2$
- $256 = 16^2$
- $169 = 13^2$
Looking at the second, third, and fourth terms: $14^2$, $16^2$, $13^2$. This suggests two interleaved series.
Step 3: Pattern Identification
Alternating series 1: 266, 256, ? (Decreasing by 10) $\rightarrow$ $256 - 10 = 246$ (Not in options).
Alternating series 2: 196, 169, ? ($14^2$, $13^2$...).
Following the square pattern: $14^2$, $16^2$, $13^2$, $15^2$...
The missing number is $15^2 = 225$.
Step 4: Conclusion
The next logical square in the sequence is 225.
Final Answer: (4)