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{{COI|date=January 2018}}{{More citations needed|date=June 2021}}
{{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 (M3) Challenge''' is a [[mathematical modeling competition]] open to high
The M3 Challenge awards $100,000 in scholarship prizes each year to the top teams.
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>
==Registration process==
Registration is open to high school juniors and seniors or sixth form students (age 16-19) in eligible areas as well as to homeschooled and cyber schooled students. Teams consist of three to five students and one coach, who must be a teacher at their school. Each school can have a maximum of two teams. There is no cost to register or participate in the Challenge.
==Eligibility==
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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
==The problem==
Professional Ph.D.-level applied mathematicians devise and write the Challenge problem. Students have no knowledge of the problem before they download it on Challenge weekend. To solve the problem, they are allowed to use any inanimate and publicly available sources. They cannot have any outside help from anyone, including their teacher-coach. A helpful discussion forum leading up to the problem release, a
'''2006 Problem –''' ''Solving the Social Security Stalemate''<br />
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'''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''
'''2018 Problem –''' ''Better Ate Than Never: Reducing Food Waste''
'''2019 Problem –''' ''One is Too Many and A Thousand Not Enough: Substance Use and Abuse''
'''2020 Problem –''' ''Keep On Trucking: U.S. Big Rigs Turnover From Diesel to Electric''
'''2021 Problem –''' ''Defeating the Digital Divide: Internet Costs, Needs, and Optimal Planning''
==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
==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
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 are as follows (GBP equivalent for U.K. winning teams):▼
▲The top six teams' schools are awarded trophies. Scholarship prizes for the top six finalist teams are as follows:
*M3 Challenge Champions (Summa Cum Laude Team Prize) $20,000
*M3 Challenge Runner Up (Magna Cum Laude Team Prize) $15,000
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