The Rosetta 2 is an emulator for Intel architecture - a compatibility layer between older programs made for x86 architecture for processors was utilised by Apple Silicon based devices. This is a handy option which was provided by Apple when the 2020 Apple Silicon Macbooks were first released to ensure that the device still has some compatibility between programs, which were made for older Intel processors.
For certain newer macOS devices, specifically, M4 and upcoming newer processors, this feature may not be pre-downloaded into your system and our older versions of the programs, as well as current day application installers do require this module to be installed.
If you are receiving the error message during the installation and a crash report appears, it is best to make sure Rosetta 2 is installed and up to date on your new macOS device. In order to do so, please do the following:
1) Open Finder->Applications->Utilities window. Locate and double-tap on the 'Terminal' option.
2) When the Terminal opens up, type in the following line:
softwareupdate --install-rosetta --agree-to-license
That would launch the process of installing this emulator from official Apple servers.
Once the line 'Install of Rosetta 2 finished successfully', attempt to run the application once more.