Why do I get the error 'Could not find version 7.15 of MCR' when running a Windows standalone application built with MATLAB Compiler 4.15 (R2011a)?

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I have installed the MCR on my Windows machine, but when I double click to run the standalone executable I get the following error:

Accepted Answer

MathWorks Support Team
MathWorks Support Team on 18 Oct 2013
Edit the PATH environment variable so the MCR has been properly added to the system search directory. If you open a DOS command prompt in Windows, you can execute the following to see the PATH environment variable:
> set PATH
For MATLAB R2011a 64-bit MCR, the default location of the MCR will look like this:
C:\Program Files\MATLAB\MATLAB Compiler Runtime\v715\runtime\win64;
If you have installed the MCR somewhere else, it will be in:
mcrroot\runtime\$arch
The term mcrroot stands for the installation path of the MCR and $arch stands for the architecture of the computer. For windows, the values of $arch will be win32 or win64.

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