<s>[INST] Simple inequality $\left|\frac{3x+1}{x-2}\right|<1$ 
$$\left|\frac{3x+1}{x-2}\right|<1$$

$$-1<\frac{3x+1}{x-2}<1$$
$$-1-\frac{1}{x-2}<\frac{3x}{x-2}<1-\frac{1}{x-2}$$
$$\frac{-x+1}{x-2}<\frac{3x}{x-2}<\frac{x-3}{x-2}$$
$$\frac{-x+1}{x-2}<\frac{3x}{x-2}<\frac{x-3}{x-2} \text{ , }x \neq 2$$
$${-x+1}<{3x}<{x-3} \text{ , }x \neq 2$$
$${-x+1}<{3x} \text{  and } 3x<{x-3} \text{ , }x \neq 2$$
$${1}<{4x} \text{  and } 2x<{-3} \text{ , }x \neq 2$$
$${\frac{1}{4}}<{x} \text{  and } x<{\frac{-3}{2}} \text{ , }x \neq 2$$
While the answer is 
$${\frac{1}{4}}>{x} \text{  and } x>{\frac{-3}{2}}$$
 [/INST] Square to remove the absolute value: if $x\neq 2$,
$$\left|\frac{3x+1}{x-2}\right|<1\iff (3x+1)^2<(x-2)^2\iff8x^2+10x-3<0.$$
Now this quadratic polynomial has reduced discriminant $\Delta'=5^2+24=49$, whence the roots $-3/4$ and $1/4$, and it is negative between the roots, so the solutions are
$$-\frac32<x<\frac14.$$
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