I understand that this post is ~3 years old but this error has been seen when installing versions 2012 and 2014. The installation media is for the correct architecture so this is not the issue. We have seen this error on multiple machines. Machines being provisioned and live machines within the environment.
We have found that killing msiexec.exe before launching setup.exe allows the installation to complete smoothly.
I hope this helps someone out there!
Scrap the above, I have just noticed a machine which displayed the error even though Msiexec.exe was not running. Anyone else experiencing this problem?