To find the lower bound and upper bound of the difference m-n, we need to first find the possible range of values for m and n.
• For m rounded to 1 decimal place, the actual value could be anywhere between 48.15 and 48.25 (since the digit in the second decimal place could be anything from 0 to 9, and we round to the nearest 0.1).
• For n rounded to 1 decimal place, the actual value could be anywhere between 6.65 and 6.75.
Now, we can calculate the lower bound and upper bound of m-n:
Lower bound of m-n = (48.15 - 6.75) = 41.4
Upper bound of m-n = (48.25 - 6.65) = 41.6
Therefore, the lower and upper bounds of m-n are 41.4 and 41.6, respectively.