Definitely not. 'Smokey and the Bandit' is purely fictional. It's a creation of the imagination of the filmmakers, not drawn from real-life events or people.
Yes, it is. The movie was inspired by real - life bootlegging and trucking stories of the time. It took those elements and turned them into a fun, action - packed adventure on the big screen.
The 'In and Out Bandit' is likely a specific criminal or a story about a particular type of criminal behavior. However, without more context, it's hard to say exactly what this true story is. It could involve someone who repeatedly entered and exited places (like stores or banks) to commit crimes, perhaps robberies or thefts.