Android Studio Not Running

I just created my first android project in Android studio .It is the default hello word app.When i ran it in the virtualised emulator i got the following error.Please help me sort

Solution 1:

Your HAXM is not working try reinstalling it and set the initial value(768MB recommended) of memory to less than the RAM of your computer. You need to reduce the RAM size of the emulator you are trying to run. And make sure the emulator is not exceeding the value you set while installing the HAXM. If HAXM is set to 768MB, reduce it to further and set RAM to 512MB set for it to work properly.

Android Studio:

1. Tools -> Android -> AVD Manager
2. Click on Edit this AVD
3. Show Advanced Settings -> Memory and Storage
4. Set RAM to 512MB -> Finish

Eclipse:

1. Choose your emulator device and
2. Click Edit to edit the configurations.
3. Window -> AVD Manager
4. Under Memory Options you will find RAM options. Now set it up to a minimal value such as 512MB.

Now try running your emulator now. Hopefully it should be able to start now.