Error launching Android Studio.. Environment variable does not point to valid JVM installation

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The environment variable JAVAHOME(C:\Program Files\Java\jdk1.8.005\bin) does not point to a valid JVM installation.

I am getting this error when am launching android-studio.. And i also Tried similar questions in stack-overflow but nothing worked. am using 32bit

I set the variables as:

variable name : JAVAHOME Variable value : C:\Program Files\Java\jdk1.8.005\bin

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