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

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

Updated android studio to 1.2.1. Even though I was getting the same error. Nothing worked, finally replaced JAVA_HOME with JDK_HOME and it did the magic.

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.