Answer
Refer to the curve in Black in Graph I
Work Step by Step
For $y = |x| - 1,$
when
$x = 5, y = 4;$
$x = 3, y = 2;$
$x = 0, y = -1;$
$x = -3, y = 2;$
$x = -5, y = 4$
As seen, $y = |x| - 1$ is the vertical translation of $y = |x|$ down by 1 unit as well.
Domain = $(−\infty, \infty)$
Range = $[-1, \infty)$