Undergrad Chernoff Bounds for Independent Bernoulli Sums

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WMDhamnekar
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What is wrong with this proof? Can you notice that? or I am wrong. In my opinion, in the R.H.S. of inequality (3.2), the index of 'e' must be positive if we use the proof. I also want to know how to derive the proof of inequality(3.3)? Author said it is similar to that of (3.2). But I don't understand that.
Chernoffbounds proof.png
 
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I cleared my doubt taking suitable guidelines from other statistician on Internet.
 
First trick I learned this one a long time ago and have used it to entertain and amuse young kids. Ask your friend to write down a three-digit number without showing it to you. Then ask him or her to rearrange the digits to form a new three-digit number. After that, write whichever is the larger number above the other number, and then subtract the smaller from the larger, making sure that you don't see any of the numbers. Then ask the young "victim" to tell you any two of the digits of the...

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