Focus of the parabola is (2,-1) and directrix is y = -1/2.
Let's assume a point (x,y) on parabola.
According to definition of parabola, the distance between point (x,y) and focus (2,-1) would be same as the distance between the point (x,y) and directrix y = -1/2.

Hence, option D is correct, i.e. f(x) = −(x − 2)² − three fourths.