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What fraction of days are sunny in the long run?

In a certain town the weather follows a simple rule from one day to the next:

  • If today is sunny, tomorrow is sunny with probability 0.80.8 (and rainy with probability 0.20.2).
  • If today is rainy, tomorrow is rainy with probability 0.60.6 (and sunny with probability 0.40.4).

Over many years, what fraction of days are sunny?

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