If you are trying to install (or run) WebRatio 7, java 7 is required. If Java 7 is already installed it will be automatically identified by WebRatio installer wizard and you could change it if it is not the correct one.
Reported path (_\Program Files\Java\jdk1.7.0_80) it is wrong: I don't know if this is due to a manual typing but this is wrong. if jdk1.7.0_80 was installed the target path should be like C : \ Program Files \ Java \ jdk1.7.0_80 (ignore the blank spaces).
Moreover if the problem is reported when you start WebRatio, there are different versions of java (e.g. 7, 8 and higher) on your machine and you are running WebRatio from the exe file you have to edit the WebRatio.ini file to set the correct vm path.
- Open WebRatio.ini file available in <WebRatio>\...\WebRatio\ folder
- Append these rows before –vmargs
- Run WebRatio.exe