Step 1: Moment of inertia of the rod.
The moment of inertia of the rod about an axis passing through one end and perpendicular to its length is given by:
\[
I_{\text{rod}} = \frac{1}{3} M L^2,
\]
where \( M \) is the mass of the rod and \( L \) is the length of the rod. Substituting the given values \( M = 40 \, \text{kg} \) and \( L = 3 \, \text{m} \):
\[
I_{\text{rod}} = \frac{1}{3} \times 40 \times (3)^2 = \frac{1}{3} \times 40 \times 9 = 120 \, \text{kg} \cdot \text{m}^2.
\]
Step 2: Moment of inertia of the solid sphere.
The moment of inertia of a solid sphere about an axis passing through its center is:
\[
I_{\text{sphere}} = \frac{2}{5} m R^2,
\]
where \( m \) is the mass of the sphere and \( R \) is the radius of the sphere. The moment of inertia about the parallel axis is given by the parallel axis theorem:
\[
I_{\text{sphere, parallel}} = I_{\text{sphere}} + m d^2,
\]
where \( d \) is the distance between the center of the sphere and the new axis. In this case, \( d = 3 \, \text{m} \). Thus,
\[
I_{\text{sphere, parallel}} = \frac{2}{5} m R^2 + m d^2.
\]
Substitute \( m = 10 \, \text{kg} \) and \( d = 3 \, \text{m} \):
\[
I_{\text{sphere, parallel}} = \frac{2}{5} \times 10 \times R^2 + 10 \times (3)^2 = \frac{2}{5} \times 10 \times R^2 + 90.
\]
Simplifying:
\[
I_{\text{sphere, parallel}} = 4 R^2 + 90.
\]
Step 3: Setting the moments of inertia equal.
The problem states that the moments of inertia are equal, so we equate \( I_{\text{rod}} \) and \( I_{\text{sphere, parallel}} \):
\[
120 = 4 R^2 + 90.
\]
Solving for \( R^2 \):
\[
120 - 90 = 4 R^2,
\]
\[
30 = 4 R^2,
\]
\[
R^2 = \frac{30}{4} = 7.5.
\]
Thus, \( R = \sqrt{7.5} \).
Step 4: Relating \( R \) to \( \alpha \).
We are given that \( R = \sqrt{\frac{\alpha}{2}} \), so:
\[
\sqrt{\frac{\alpha}{2}} = \sqrt{7.5}.
\]
Squaring both sides:
\[
\frac{\alpha}{2} = 7.5,
\]
\[
\alpha = 15.
\]
Thus, the value of \( \alpha \) is:
\[
\boxed{15}.
\]