Practical tasks to perform and ensure that the basis of the chapter has been understood.
You don't submit anything for this assignment. It is still important to spend time in the beginning to make sure that your environment works when you start the REAL assignments in the next chapter.
Familiarize yourself with the development environment. Use the default project and make sure that all steps work, like creating the project, building the app, starting the Emulator etc.
Running the latest version is perhaps not necessary for the course, but since it is a fresh application it is probably wise to always have the latest version with as many bug fixes as possible.
The first time, the emulator will take too long to start and Android Studio will timeout. Just wait until the emulator is running and then try again with Shift+F9 in Android Studio.
Specifically for lab room computers at school, where you don't have permissions enough to install an application, you can use a prepared zip file and run from it instead. Use these steps only if installation according to above is not possible.
These are the steps to download and install optimized emulation for the Inter processor so that the emulator will run faster.