A family of Microsoft spreadsheet software with tools for analyzing, charting, and communicating data.
This error indicates either there is a previous version of Office installed on your PC causing incompatibility problems or the Office installation is corrupt.
If there is a previous version of Office installed on your PC, uninstall it, then restart your PC.
Then, open the Settings App (gear icon on your Start Menu)
Go to Apps - Installed Apps, then scroll down to find Microsoft Office
Select that and choose Modify - Online Repair
That should fix any issues with your Office Installation.