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{{Infobox recurring event|name=MathWorks Math Modeling Challenge|genre=Mathematical modeling challenge|frequency=Annual|website={{URL|https://m3challenge.siam.org}}|first={{Start date|2006}}|organizer=[[Society for Industrial and Applied Mathematics]]|sponsor=[[MathWorks]]}}
'''MathWorks Math Modeling
MathWorks took over sponsorship of the competition, formerly known as the Moody's Mega Math (M³) Challenge, from Moody's Foundation in 2017.<ref name="fo170717">{{cite news|last1=Knapp|first1=Alex|title=Moody's Foundation Pulls Sponsorship Of High School Math Competition|url=https://www.forbes.com/sites/alexknapp/2017/07/17/moodys-foundation-pulls-sponsorship-of-high-school-math-competition/#14d7849248d0|access-date=10 December 2017|work=Forbes|date=July 17, 2017}}</ref>
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==Challenge weekend==
The M3 Challenge is held annually on a Friday, Saturday, Sunday, and Monday in late February or early March. Students choose which day and what continuous span of 14 hours that they wish to work over Challenge weekend. All teams will work in, or convert their local time to, Eastern Standard Time. Once the problem is downloaded, the clock starts and it cannot be paused; students should download the problem with at least fourteen hours before the firm end of Challenge weekend to have use of the full fourteen hours allowed. They can work from any ___location they choose. Teacher-coaches are not required to be physically with or near the team during Challenge weekend. Team members may not discuss any aspect of the problem with, nor seek help from via any means or method, the coach or anyone other than their teammates over Challenge weekend.
==The problem==
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'''2010 Problem –''' ''Making Sense of the 2010 Census''<br />
'''2011 Problem –''' ''Colorado River Water: Good to the Last Acre-Foot''<br />
'''2012 Problem –''' ''All Aboard: Can High Speed Rail Get Back on Track?''<br />
'''2013 Problem –''' ''Waste Not, Want Not: Putting Recyclables in Their Place''<br />
'''2014 Problem –''' ''Lunch Crunch: Can Nutritious Be Affordable and Delicious?''<br />
'''2015 Problem –''' ''Stem Sells: What is Higher Education Really Worth?''<br />
'''2016 Problem –''' ''Share and (Car) Share Alike – Modeling New Approaches to Mobility''<br />
'''2017 Problem –''' ''From Sea to Shining Sea: Looking Ahead with the National Park Service''<br />
'''2018 Problem –''' ''Better Ate Than Never: Reducing Food Waste''<br />
'''2019 Problem –''' ''One is Too Many and A Thousand Not Enough: Substance Use and Abuse''<br />
'''2020 Problem –''' ''Keep On Trucking: U.S. Big Rigs Turnover From Diesel to Electric''<br />
'''2021 Problem –''' ''Defeating the Digital Divide: Internet Costs, Needs, and Optimal Planning'' <br />
'''2022 Problem –''' ''Remote Work: Fad or Future'' <br />
'''2023 Problem –''' ''Ride Like the Wind Without Getting Winded: The growth of E-Bike use'' <br />
'''2024 Problem -''' ''A Tale of Two Crises: The Housing Shortage and Homelessness''
==Judging==
Ph.D.-level applied mathematicians judge the contest in three phases. In triage, each paper is read through at least two times, and as many as five times, before being eliminated or passed on to the second round. The triage round of judging eliminates two-thirds or more of the submitted papers. In the second round of judging, papers are read up to an additional twelve times each, and the top papers emerge. The top six papers overall become Finalists and go on to the final event and presentation round of judging.
==Prizes==
All students who submit a viable solution paper receive certificates of participation, which are mailed to their teacher-coach. Coaches also receive certificates. Judges award additional semi-finalist and honorable mention team awards in amounts of $1,500 and $1,000 per team, respectively. Semi-finalist prizes are awarded to teams whose papers were highly ranked and underwent in-depth, specific discussion by judges.
Honorable mention prizes are awarded to teams whose papers are judged to be worthy of recognition for their superior efforts.
The top six teams' schools are awarded trophies. Scholarship prizes for the top six finalist teams and the technical computing awardees are as follows (GBP equivalent for U.K. winning teams):
*M3 Challenge Champions (Summa Cum Laude Team Prize) $20,000
*M3 Challenge Runner Up (Magna Cum Laude Team Prize) $15,000
*M3 Challenge Third Place (Cum Laude Team Prize) $10,000
*M3 Challenge Finalist (Meritorious Team Prize) $5,000 (3 teams)
*M3 Challenge Technical Computing Winner $3000
*M3 Challenge Technical Computing Runner Up $2000
*M3 Challenge Technical Computing Third Place $1000
==Awards and recognition for the M3 Challenge==
* SIAM received an Award of Excellence in the first round of the 2009 Associations Advance America (AAA) Awards program for its role in organizing and administering Moody's Mega Math Challenge <ref>{{Cite web|url=http://www.eurekalert.org/pub_releases/2009-03/sfia-swa030609.php|title = SIAM wins ASAE's 2009 Associations Advance America Award of Excellence}}</ref><ref>{{cite web |url=http://www.asaecenter.org/AboutUs/newsreldetail.cfm?ItemNumber=39715 |title=
* Moody's Corporation received a 2008 Excellence Award from the Committee Encouraging Corporate Philanthropy (CECP)for the company's sophisticated giving program which encourages students to develop a passion for mathematics, economics and finance, and specifically citing Moody's Mega Math Challenge which aims to excite students about employing mathematics to solve real world problems.<ref>{{cite web |url=http://www.onphilanthropy.com/site/News2?page=NewsArticle&id=7415&s_oo=Iqcbehmy0Q50SXvxb7s3iA |title=
* The M<sup>3</sup> Challenge has received placement on the National Association of Secondary School
== Resources ==
Here are some helpful resources:
* [https://m3challenge.siam.org/
* A "how-to" video: [https://www.youtube.com/watch?v=xgKwtwZbW20 About M3 Challenge]
* [https://m3challenge.siam.org/resources/teaching-modeling Guidelines for Assessment and Instruction in Mathematical Modeling Education (GAIMME)]
* [https://m3challenge.siam.org/resources/sample-problems Sample problems]
* [https://m3challenge.siam.org/resources/modeling-videos What is Math Modeling video series]
* [https://m3challenge.siam.org/resources/learn-technical-computing Learn Technical Computing]
==References==
{{Reflist}}
==External links==
* http://www.nj.com/mercer/index.ssf/2009/05/west_windsorplainsboro_north_t.html▼
* [https://www.nytimes.com/2006/04/23/nyregion/education/that-was-easy-social-security-problem-solved.html That Was Easy: Social Security Problem Solved]
* http://www.maa.org/news/math-news/winning-moodys-mega-math-challenge-paper-published-in-cmj▼
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{{Society for Industrial and Applied Mathematics}}
[[Category:Mathematics competitions]]
[[Category:Society for Industrial and Applied Mathematics]]
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