Answer
It is a geometric sequence.
$r=0.2$
Work Step by Step
A sequence is geometric if $\frac{a_2}{a_1}=\frac{a_3}{a_2}=\frac{a_4}{a_3}=...=r$
For the given sequence we have that:
$\frac{a_2}{a_1}=\frac{1}{5}=0.2$
$\frac{a_3}{a_2}=\frac{0.2}{16}=0.2$
$\frac{a_4}{a_3}=\frac{0.04}{0.2}=0.2$
It is a geometric sequence.
Common ratio: $r=0.2$