This paper, together with a preceding paper, questions the so-called 'LSND
anomaly': a 3.8 sigma excess of antielectronneutrino interactions over standard
backgrounds, observed by the LSND Collaboration in a beam dump experiment with
800 MeV protons. That excess has been interpreted as evidence for the
antimuonneutrino to antielectronneutrino oscillation in the \Deltam2 range from
0.2 eV2 to 2 eV2. Such a \Deltam2 range is incompatible with the widely
accepted model of oscillations between three light neutrino species and would
require the existence of at least one light 'sterile' neutrino. In a preceding
paper, it was concluded that the estimates of standard backgrounds must be
significantly increased. In this paper, the LSND Collaboration's estimate of
the number of antielectronneutrino interactions followed by neutron capture,
and of its error, is questioned. The overall conclusion is that the
significance of the 'LSND anomaly' is not larger than 2.3 sigma.Comment: 30 pages, 16 figures, 6 table