ERROR in The Angular Compiler requires TypeScript >=3.1.1 and <3.2.0 but 3.2.1 was found instead

To fix this install the specific typescript version 3.1.6

npm i [email protected] --save-dev --save-exact

In my case below command worked for windows. It will install latest required version between 3.1.1 and 3.2.0. Depending on OS use either double or single quotes

npm install typescript@">=3.1.1 <3.2.0" 

First install your targeted version

npm i [email protected] --save-dev --save-exact

Then before compiling do

   npm i