Let $X \sim Bin(n, p)$ and $Y \sim Bin(m, p)$.
How is
$$Z_1 = \frac{X}{n} - \frac{Y}{m}$$
and
$$Z_2 = \left|\frac{X}{n} - \frac{Y}{m}\right|$$
distributed? (Hence: What is their cumulative distribution function?)
Background
I am mainly interested in this question and answering the question here will help me for the other one (I hope).
My thoughts
The range of values of $Z_1$ is $(-1, 1)$ and of $Z_2$ is $(0, 2)$. Both are discrete random variables.
\begin{align} \mathbb{E} (Z_1) &= \mathbb{E}\left(\frac{X}{n} - \frac{Y}{m}\right) \\ &= \frac{1}{n} \mathbb{E}(X) - \frac{1}{m} \mathbb{E}(Y) \\ &= p - p \\ &= 0\\ F_X(x) & =\operatorname P(X\le x) = \sum_{k=0}^{\lfloor x \rfloor}\binom nk p^k (1-p)^{n-k}\\ F_{X/n}(x) &= P\left(\frac{X}{n} \leq x\right)\\ &= P(X \leq nx)\\ &= \sum_{k=0}^{\lfloor nx \rfloor}\binom nk p^k (1-p)^{n-k}\\ F_{Z_1}(x) &= P\left(\frac{X}{n} - \frac{Y}{m} \leq x\right)\\ &= ?\\ \end{align}
Is there probably some continuous approximation of those discrete distributions?