You need to draw the curve y= x^2-4x+ 3. It is a parabola. The equality (=) is verified by all points on the curve. The curve divides the whole plane in two regions. In one region y will be less than x^2-4x+3. In the other regions y will be larger than x^2-4x+3
The regions are the interior of the parabola and its exterior. To find out the region where your inequality is verified you proceed as follow.
In the other region y < x^2-4x+3, is FALSE and that second region (the one that does not contain the origin (0,0) is the one you need to find. It represents your solution set. Note that the origin (0,0) does not lie in the solution set region
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