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With Alteryx it's possible to install it with a 'non-admin' installer and an 'admin installer', it's really important that both your designer version and your predictive version both make use of the same 'type' of installer (either both non-admin or both admin).
If you search windows for your Alteryx Designer version, if it has (User) suffixed at the end, this indicates it is using the non-admin installer, so therefor you should download the non-admin predictive tools.
If it doesn't then you need the admin tools.
Also make sure you are matching the version of designer with the version of the predictive tools (i.e. 20.3 tools with 20.3 Designer).
I hope this info is useful, I imagine (well hope for you), that it is simply a missmatch in these types.
I ensure they were the matching pair each time I've downloaded it. For good measure I even downloaded the non admin version of design and the predictive tools and in that instance as well it gave me the same error.
Okay, that's interesting, unfortunately I'm not sure I have any other responses up my sleeve. I've checked through the support tickets we handle at our company and I can't find anything that would help in this case.