Unable to resolve target 'android-16'

Question

I am using Android 4.2.2. After installing the latest SDK, when I open the eclipse I could see all the projects having the problem during the build. Following is the error i

Answer 1

In eclipse I did all the above and the error did not go away.

Then I simply RESTARTED eclipse and that solved it ;)

So, do the above and then restart eclipse!