Cannot run emulator in Android Studio

Question

I just got done installing Android studio and trying to take it for a test run. When I try to run my app I get the following error message

emulator: ERROR:          


        

Answer 1

Go to Tools | Android | AVD Manager

Click the arrow under the Actions column on far right (where error message is)

Choose Edit

Leave the default selection (For me, MNC x86 Android M)

Click Next

Click Finish

It saves your AVD and error is now gone from last column. And emulator works fine now.