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When you simulate this model you get the following behavior:

Temperature follows a sawtooth pattern over the course of the day.  The rate of cooling varies modestly around a value of 4 Degrees Farenheit/Hour.  The furnace switches from on for a little less than an hour and off for a somewhat longer period of time.

If we do an experiment in which outside temperature is lowered to 10 degrees (from 35) we get the behavior:

Here the furnace is on much more, heating takes longer and cooling is more rapid.