A dime has a thickness of 1 7/20 mm and a penny has 1 1/2 mm.
Stacking both coins, we will have :
![1(1)/(2)+1(7)/(20)](https://img.qammunity.org/2023/formulas/mathematics/college/raay1tn6vwhso3gt73loddeuteflpa2i5v.png)
and we have the inequality :
![1(1)/(2)+1(7)/(20)\boxed{\text{ }}1(1)/(2)+1(1)/(2)](https://img.qammunity.org/2023/formulas/mathematics/college/f7pit5v3kt8jmevx0o4vfvt4xyb2e7gthz.png)
Note that 1 7/20 is less than 1 1/2, so the inequality symbol is "<"
![1(1)/(2)+1(7)/(20)<1(1)/(2)+1(1)/(2)](https://img.qammunity.org/2023/formulas/mathematics/college/ow6p2dlmjmj582nh9bfx2rtec4a8i9kyuo.png)
since 1 1/2 + 1 1/2 is equal to 3mm
Therefore, the thickness of stacking coins is less than 3mm
Hailey's estimate is correct (Yes)