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PAPER	
  OR	
  PLASTIC?	
  	
  
Moody's	
  Mega	
  Math	
  Challenge	
  checks	
  in	
  on	
  U.S.	
  Recycling	
  

PHILADELPHIA,	
  March	
  6,	
  2013	
  —	
  Every	
  five	
  seconds,	
  Americans	
  use	
  60,000	
  plastic	
  bags	
  and	
  
consume	
  2,000	
  bottled	
  drinks	
  (SIERRA),	
  an	
  ecological	
  concern	
  on	
  many	
  minds,	
  including	
  
thousands	
  of	
  high	
  school	
  juniors	
  and	
  seniors—5,809	
  across	
  29	
  states—who	
  spent	
  last	
  weekend	
  
devising	
  methods	
  to	
  quantify	
  and	
  manage	
  this	
  waste.	
  	
  

The	
  impetus	
  for	
  this	
  high-­‐minded	
  task	
  is	
  Moody’s	
  Mega	
  Math	
  Challenge,	
  an	
  Internet-­‐based	
  
applied	
  math	
  contest	
  organized	
  by	
  the	
  Pennsylvania-­‐based	
  Society	
  for	
  Industrial	
  and	
  Applied	
  
Mathematics	
  (SIAM).	
  The	
  goal:	
  to	
  spotlight	
  the	
  relevancy	
  and	
  power	
  of	
  mathematics	
  in	
  
solving	
  real-­‐world	
  issues	
  and	
  inspire	
  students	
  to	
  pursue	
  careers	
  in	
  STEM-­‐related	
  fields.	
  The	
  
contest’s	
  topic	
  is	
  especially	
  relevant	
  this	
  year	
  as	
  2013	
  has	
  been	
  designated	
  the	
  International	
  
Year	
  of	
  Mathematics	
  of	
  Planet	
  Earth	
  (MPE).	
  	
  

As	
  part	
  of	
  the	
  MPE	
  initiative,	
  more	
  than	
  100	
  scientific	
  societies,	
  universities,	
  research	
  
institutes,	
  and	
  organizations	
  worldwide	
  have	
  joined	
  forces	
  to	
  identify	
  and	
  solve	
  fundamental	
  
questions	
  about	
  planet	
  Earth,	
  encourage	
  educators	
  to	
  communicate	
  the	
  issues	
  related	
  to	
  it,	
  
and	
  inform	
  the	
  public	
  about	
  the	
  essential	
  role	
  of	
  the	
  mathematical	
  sciences	
  in	
  facing	
  the	
  
challenges	
  to	
  our	
  planet.	
  The	
  Mega	
  Math	
  Challenge	
  is	
  Moody’s	
  version	
  of	
  “think	
  globally,	
  act	
  
locally.”	
  	
  

During	
  Challenge	
  weekend,	
  students	
  were	
  given	
  just	
  14	
  hours	
  to	
  work	
  in	
  teams	
  of	
  3-­‐5	
  to	
  solve	
  
the	
  problem.	
  Each	
  group	
  had	
  to	
  quantify	
  the	
  plastic	
  waste	
  filling	
  our	
  nation’s	
  landfills,	
  come	
  up	
  
with	
  the	
  best	
  recycling	
  methods	
  for	
  U.S.	
  cities	
  to	
  implement	
  based	
  on	
  their	
  demographics,	
  and	
  
recommend	
  guidelines	
  for	
  nationwide	
  recycling	
  standards.	
  Between	
  now	
  and	
  April	
  8,	
  judges	
  
will	
  analyze	
  each	
  entry,	
  seeking	
  inventive	
  problem-­‐solving	
  approaches	
  and	
  perspectives	
  using	
  
mathematical	
  tools.	
  The	
  top	
  six	
  teams	
  will	
  be	
  invited	
  to	
  Moody’s	
  corporate	
  headquarters	
  in	
  
Manhattan	
  on	
  April	
  29	
  to	
  present	
  and	
  defend	
  their	
  solutions	
  to	
  a	
  live	
  panel	
  of	
  professional	
  
applied	
  mathematician	
  judges.	
  Another	
  49	
  teams	
  will	
  be	
  designated	
  as	
  semi-­‐finalists	
  or	
  
honorable	
  mentions.	
  

For	
  Challenge	
  participants,	
  more	
  than	
  the	
  fate	
  of	
  the	
  country’s	
  environmental	
  state	
  is	
  at	
  stake;	
  
$115,000	
  in	
  scholarship	
  prizes	
  will	
  be	
  presented	
  to	
  winning	
  teams	
  by	
  the	
  Challenge	
  sponsor,	
  
The	
  Moody’s	
  Foundation.	
  	
  	
  

“We	
  see	
  the	
  Challenge	
  as	
  a	
  great	
  way	
  to	
  make	
  math	
  and	
  science	
  relevant	
  and	
  engaging,”	
  said	
  
Michelle	
  Montgomery,	
  M3	
  Challenge	
  Project	
  Director	
  for	
  SIAM.	
  “Like	
  the	
  TBS	
  hits	
  Big	
  Bang	
  
Theory	
  and	
  King	
  of	
  the	
  Nerds,	
  the	
  Challenge	
  shows	
  it’s	
  cool	
  to	
  have	
  math	
  and	
  science	
  smarts	
  or	
  
be	
  a	
  self-­‐proclaimed	
  “nerd,”	
  and	
  truly	
  captures	
  the	
  spirit	
  and	
  depth	
  of	
  applied	
  mathematics.”	
  

When	
  the	
  Challenge	
  launched	
  in	
  2006,	
  high	
  school	
  participation	
  was	
  limited	
  to	
  the	
  New	
  York	
  
Metropolitan	
  Area.	
  Today,	
  29 states are	
  eligible,	
  and	
  Moody's	
  anticipates	
  expanding	
  to	
  a	
  
national	
  footprint	
  by	
  2016.	
  This	
  year,	
  New	
  York	
  and	
  New	
  Jersey	
  were	
  the	
  states	
  with	
  the	
  most	
  
teams	
  registered	
  (164	
  and	
  141,	
  respectively),	
  while	
  Florida	
  had	
  124	
  participating	
  teams and PA
had 99.	
  Of	
  the	
  1,279	
  teams	
  registered	
  (from	
  public	
  and	
  private	
  schools),	
  3,881	
  of	
  the	
  students
are male	
  and	
  1,928	
  female.	
  Overcoming	
  this	
  gender	
  gap,	
  and	
  compelling	
  more	
  young women
to	
  pursue	
  math-based	
  careers,	
  is	
  one	
  of	
  Moody's,	
  SIAM’s	
  —and the Challenge's—greater	
   goals.	
  


Media	
  Inquiries:	
  
Kim	
  Ettinger	
  	
  (610)	
  952-­‐5623,	
  kim@wardenettingergroup.com	
  
Dawn	
  Warden-­‐Reeder	
  (267)	
  250-­‐8005,	
  dawn@wardenettingergroup.com	
  

                                                                   ###	
  

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Press Release: Moody's Mega Math Challenge

  • 1.    FOR  IMMEDIATE  RELEASE   PAPER  OR  PLASTIC?     Moody's  Mega  Math  Challenge  checks  in  on  U.S.  Recycling   PHILADELPHIA,  March  6,  2013  —  Every  five  seconds,  Americans  use  60,000  plastic  bags  and   consume  2,000  bottled  drinks  (SIERRA),  an  ecological  concern  on  many  minds,  including   thousands  of  high  school  juniors  and  seniors—5,809  across  29  states—who  spent  last  weekend   devising  methods  to  quantify  and  manage  this  waste.     The  impetus  for  this  high-­‐minded  task  is  Moody’s  Mega  Math  Challenge,  an  Internet-­‐based   applied  math  contest  organized  by  the  Pennsylvania-­‐based  Society  for  Industrial  and  Applied   Mathematics  (SIAM).  The  goal:  to  spotlight  the  relevancy  and  power  of  mathematics  in   solving  real-­‐world  issues  and  inspire  students  to  pursue  careers  in  STEM-­‐related  fields.  The   contest’s  topic  is  especially  relevant  this  year  as  2013  has  been  designated  the  International   Year  of  Mathematics  of  Planet  Earth  (MPE).     As  part  of  the  MPE  initiative,  more  than  100  scientific  societies,  universities,  research   institutes,  and  organizations  worldwide  have  joined  forces  to  identify  and  solve  fundamental   questions  about  planet  Earth,  encourage  educators  to  communicate  the  issues  related  to  it,   and  inform  the  public  about  the  essential  role  of  the  mathematical  sciences  in  facing  the   challenges  to  our  planet.  The  Mega  Math  Challenge  is  Moody’s  version  of  “think  globally,  act   locally.”     During  Challenge  weekend,  students  were  given  just  14  hours  to  work  in  teams  of  3-­‐5  to  solve   the  problem.  Each  group  had  to  quantify  the  plastic  waste  filling  our  nation’s  landfills,  come  up   with  the  best  recycling  methods  for  U.S.  cities  to  implement  based  on  their  demographics,  and   recommend  guidelines  for  nationwide  recycling  standards.  Between  now  and  April  8,  judges   will  analyze  each  entry,  seeking  inventive  problem-­‐solving  approaches  and  perspectives  using   mathematical  tools.  The  top  six  teams  will  be  invited  to  Moody’s  corporate  headquarters  in   Manhattan  on  April  29  to  present  and  defend  their  solutions  to  a  live  panel  of  professional   applied  mathematician  judges.  Another  49  teams  will  be  designated  as  semi-­‐finalists  or   honorable  mentions.   For  Challenge  participants,  more  than  the  fate  of  the  country’s  environmental  state  is  at  stake;   $115,000  in  scholarship  prizes  will  be  presented  to  winning  teams  by  the  Challenge  sponsor,   The  Moody’s  Foundation.       “We  see  the  Challenge  as  a  great  way  to  make  math  and  science  relevant  and  engaging,”  said   Michelle  Montgomery,  M3  Challenge  Project  Director  for  SIAM.  “Like  the  TBS  hits  Big  Bang   Theory  and  King  of  the  Nerds,  the  Challenge  shows  it’s  cool  to  have  math  and  science  smarts  or  
  • 2. be  a  self-­‐proclaimed  “nerd,”  and  truly  captures  the  spirit  and  depth  of  applied  mathematics.”   When  the  Challenge  launched  in  2006,  high  school  participation  was  limited  to  the  New  York   Metropolitan  Area.  Today,  29 states are  eligible,  and  Moody's  anticipates  expanding  to  a   national  footprint  by  2016.  This  year,  New  York  and  New  Jersey  were  the  states  with  the  most   teams  registered  (164  and  141,  respectively),  while  Florida  had  124  participating  teams and PA had 99.  Of  the  1,279  teams  registered  (from  public  and  private  schools),  3,881  of  the  students are male  and  1,928  female.  Overcoming  this  gender  gap,  and  compelling  more  young women to  pursue  math-based  careers,  is  one  of  Moody's,  SIAM’s  —and the Challenge's—greater   goals.   Media  Inquiries:   Kim  Ettinger    (610)  952-­‐5623,  kim@wardenettingergroup.com   Dawn  Warden-­‐Reeder  (267)  250-­‐8005,  dawn@wardenettingergroup.com   ###