On my device the actual path for Java SDK (
Java Development Kit as the name suggests) is,
C:\Program Files\Java\jdk1.8.0_45\bin
Note the space in between Program and Files (Program<space>Files) and there is no period sign in between (JDK) in your case there is. Try changing this and it would work. Most specifically, you just need to provide the location of your SDK's installation folder where application would look for binaries to run their applications.
It is best recommended in that location, but can be installed at other locations also, just select the location where it is present and enter that (all the way from C or D to the final folder) in the value for that variable.
For example, see this image:
http://s14.postimg.org/ql9wnmq8x/Screenshot_85.png[
^]
A few other tips: Make sure there were no interruptions while installation. Also, make sure that there is no ambiguity in between 32 bit or 64 bit OS. There are two folders (FYI), Program Files and Program Files (x86). Make sure you chose the correct one.