What type of column should be created to require user selection from three changing values every three months?

The ideal choice for requiring user selection from three changing values every three months is a Lookup column. A Lookup column is designed to reference values from another table or list and can be dynamic, adapting to changes made in the source data. This feature is particularly useful when the available selection options need to be modified regularly, such as updating values quarterly.

In contrast, a Choice column presents a predefined list of options that remain static unless manually updated by a system administrator or developer, meaning it would not inherently reflect changes every three months without intervention. A Yes/No column strictly captures binary responses, lacking the versatility needed for dynamic value selection. A Text column lets users input free-form text, which doesn't support predefined options and would not guide users in making a specific selection. Therefore, in scenarios where the selection must change regularly based on external data or conditions, a Lookup column is the most appropriate choice.