If the Create Reports parameter is chosen and it contains a nonexisting report template name, the tool fails.
Verify that the report template selected exists. Browse to the directory that contains your My Output Data folder. You can view the current path by accessing the Business Analyst drop-down menu and choosing Preferences. From the General tab, you can set the current path My Output Folder. Check the following folder for the report template: ...My Output Data\Report Templates_USA_EBIS.