Installing Android Studio, does not point to a valid JVM installation error

Question

I just downloaded the Android Studio. While trying to run it, I had to modify the environment variable and add

JAVA_HOME

and

C:\Progra~2\Java\jdk1.6.0_22

Once I finished that hurdle, now I am receiving another error:

The environment variable JAVA_HOME (with the value of *C:\Progra~2\Java\jdk1.6.0_22*) does not point to a valid JVM installation. 

I looked through other similar questions and I was asked to check the version, so I did the following in CMD:

C:\Users\Andre>java -version java version "1.6.0_22" Java(TM) SE Runtime Environment (build 1.6.0_22-b04) Java HotSpot(TM) Client VM (build 17.1-b03, mixed mode, sharing)  C:\Users\Andre>javac -version javac 1.6.0_22 

From the results it seems like I have JVM.

I also tried these paths for JAVA_HOME, I closed and reopened a new CMD window each time

C:\Program Files (x86)\Java\jre7 C:\Program Files (x86)\Java\jre6 C:\Program Files (x86)\Java\jdk1.6.0_22 C:\Program Files (x86)\Java\jre7\bin C:\Program Files (x86)\Java\jre6\bin C:\Program Files (x86)\Java\jdk1.6.0_22\bin 

Answer 1

Point your JAVA_HOME variable to C:\Program Files\Java\jdk1.8.0_xx\ where "xx" is the update number (make sure this matches your actual directory name). Do not include bin\javaw.exe in the pathname.

NOTE: You can access the Environment Variables GUI from the CLI by entering rundll32 sysdm.cpl,EditEnvironmentVariables. Be sure to put the 'JAVA_HOME' path variable in the System variables rather than the user variables. If the path variable is in User the Android Studio will not find the path.

Answer 2

It is absolutely possible that all other answers work for people but for me this path worked:

Leave your JDK path under JAVA_HOME System Variable as it is given here. Do not append bin or another path. It worked for me.

C:\Program Files\Java\jdk1.8.0_11\ 

Otherwise I am getting this error:

Installing Android Studio, does not point to a valid JVM installation error