Like any other software it tries to write windows registry entries. But your current windows user does not seem to have access to the registry.
It says "access denied".
Try to install it with another user who got the rights to write the registry. e.g. an admin user.
Or start the installation with priviledged rights -> SHIFT key + mouse right click -> run as administrator.
btw: Download and install the 32bit version even if you run a 64bit OS.
Like described in the Minion troubleshooting sticky therad inside this forum here this will fix a few problems.
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