Teens Ask: Will the Stimulus Package Work?High School Students Evaluate Legislation Using Math, Contend for Scholarship Prizes in This Year's Moody's Mega Math Challenge Moody's Mega Math (M3) Challenge is an applied mathematics modeling contest for high school students in the New York City metropolitan area. It is sponsored by The Moody's Foundation based in New York City and organized by the Society for Industrial and Applied Mathematics (SIAM) based in PHILADELPHIA -- The current economic crisis provides natural discussion topics for high school economics and social studies classes--but math class? Absolutely! This year's Moody's Mega Math Challenge problem, "$787 Billion: Will the Stimulus Act Stimulate the U.S. Economy?" asked high school students to identify and mathematically assess the parts of the stimulus package most likely to produce the greatest improvements in employment and the time frame over which this effect would take place. They also had to quantify their findings using mathematical modeling and quantitative analysis Quantitative Analysis A security analysis that uses financial information derived from company annual reports and income statements to evaluate an investment decision. Notes: techniques, develop and defend their models, and justify their conclusions. Close to 400 teams submitted viable solution papers on Challenge weekend, March 7-8. "The quality of the papers was excellent," said Ben Fusaro, M3 Challenge consultant and Head Judge. "The judges thought the solutions were exceptional considering that the authors are high school juniors and seniors." After undergoing an extensive judging process during the past month, the following teams (listed alphabetically) were selected to contend for the top six awards ranging from $2,500 to $20,000: < < Bergen County Academies, Team #119, Hackensack, New Jersey < Elk County Catholic High School, Team #290, Saint Marys, Pennsylvania < High Technology High School, Team #58, Lincroft, New Jersey < Staples High School, Team #143, Westport, Connecticut < The Wheeler School, Team #128, Providence, Rhode Island < West Windsor-Plainsboro High School North, Team #57, Plainsboro, New Jersey < These top teams will make formal presentations at the Moody's Corporation headquarters in Manhattan on May 5, when the judges learn for the first time the identities of the students and the schools they represent. Each team will have 15 minutes to present its solution paper and answer questions from the judges, who will then deliberate one last time and rank the teams in the final winning order. Following this deliberation, The Moody's Foundation, which funds the Challenge, will announce the winners and award the scholarship prizes. Judging for the Challenge is rigorous, meticulous, and impartial. There are no passing grades and numerical scores are not assigned. More than three-dozen Ph.D.-level applied mathematicians Mathematicians by letter: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z See also
For more information on the Challenge, visit http://m3challenge.siam.org. Awards and Recognition: 2009 ASAE ASAE American Society of Association Executives ASAE American Society of Agricultural Engineers (Society for Engineering in Agricultural, Food, and Biological Systems) ASAE Alkali-Sulfite-Anthraquinone-Ethanol Associations Advance America (AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. ) Award of Excellence; 2008 Excellence Award, Committee Encouraging Corporate Philanthropy (CECP CECP Center for Effective Collaboration and Practice CECP Country Extended Code Page (IBM) CECP Conseil de l'Enseignement des Communes et des Provinces (Belgium) CECP China Energy Conservation Program ) About the Sponsor The Moody's Foundation is a charitable organization This article is about charitable organizations. For other uses of the word charity, see Charity. A charitable organization (also known as a charity) is an organization with charitable purposes only. dedicated to supporting a variety of nonprofit education, health and human services Noun 1. Health and Human Services - the United States federal department that administers all federal programs dealing with health and welfare; created in 1979 Department of Health and Human Services, HHS , civic, and arts and culture programs. Established by Moody's Corporation in 2001, the Foundation's primary area of giving is secondary and higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. with a focus on mathematics, economics and finance. Further information is available at http://philanthropy.moodys.com. About the Organizer The Society for Industrial and Applied Mathematics
The Society for Industrial and Applied Mathematics (SIAM) was founded by a small group of mathematicians from academia and industry who met in Philadelphia in 1951 to start an organization (SIAM), headquartered in Philadelphia, PA, is an international society of over 12,000 individual computational mathematicians and computer scientists, as well as other scientists and engineers. Further information is available at www.siam.org. |
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