Step 1: Solve the first inequality \( x^2 - 5x + 4<0 \).
Factor the quadratic inequality:
\[
(x - 4)(x - 1)<0
\]
The solution to this inequality is \( 1<x<4 \).
Step 2: Solve the second inequality \( x^2 - 3x + 2<0 \).
Factor the quadratic inequality:
\[
(x - 2)(x - 1)<0
\]
The solution to this inequality is \( 1<x<2 \).
Step 3: Combine the two inequalities.
The solution to both inequalities is the intersection of \( 1<x<4 \) and \( 1<x<2 \), which gives \( 1<x<2 \). Hence, the value of \( x \) must be between 1 and 2. Therefore, the only option that satisfies this condition is \( x = 2.4 \).
Step 4: Conclusion.
The correct answer is (C).