AppleWorks 6: Updater Does Not Install, Excel 97 Alert Message

During an upgrade installation of AppleWorks 6, installation is halted by an alert box with a message that mentions Excel 97.
Symptom

While installing an AppleWorks 6 update over an existing version of AppleWorks 6, an alert box appears with one of the following messages:
Solution

To prevent this issue from occurring, see the "ShrinkWrap or ShrinkWrap engine reports an error" section of technical document 75098: "Software Downloads: Software Format and Assistance".
Published Date: Feb 20, 2012