Answer
Refer to the blue graph below.
The graph involves a $3$-unit shift downward of the parent function $f(x)=|x|$
Work Step by Step
Create a table of values then plot each ordered pair and connect them using a line (a V-shaped graph must be formed). Refer to the graph above.
Recall:
The graph of the function $y=f(x)+k$ involves a vertical shift of $|k|$ units (upward when $k\gt0$, to downward when $k\lt0$) of the parent function $f(x)$.
The given function has $f(x)=|x|$ as its parent function, and can be written as $y=f(x)-3$.
Thus, with $k=-3$, its graph involves a $3$-unit shift downward of the parent function $f(x)=|x|$.
Refer to the blue graph above.