CreateProcess error=2, The system cannot find the file specified [Android studio]

Question

I upgraded my windows and reinstalled Android studio 0.3.2. I am using windows8.1 Pro now and installed java x64, I also did set up JAVA_HOME E

Answer 1

I got this same error on android studio 3.1 which I've just now updated. user3235168's answer worked for me.

Additionally I had to remove the check mark from 'Use embedded JDK(recommended)' Then browse to jdk's path - C:\Program Files\Java\jdk1.8.0_144