Just started quantifiers, and I'm having some trouble with interpreting this.
Here's what I understand:
For every Epsilon $> 0$, there exists a Delta $> 0$ for all $x$ in $\mathbb{R}$.
The antecedent of the implication is false, because there is no Delta that is always greater than $x$.
The precedent of the implication is also false, because not every Epsilon greater than $0$ is also greater than $x^2 -1$ for any $x$.
So the statement is false. Is my logic sound? I'm not sure if I'm reading this right.
You could read the implication as:
$|x^2 -1|<\varepsilon\:$ whenever $\: |x-1|<\delta$
which seems just fine.
With the quantifiers, this whole thing just says the function $x^2$ is continuous at $x=1$.
Added note: See Andreas Blass' answer. I was assuming the quantifiers applied to the entire implication. Depending on the text it's from, that's probably what is intended.