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After installing, registering and activating the Tracking Analyst extension, attempting to use it results in the following error:
"Unable to execute the selected tool. You do not have the necessary license to execute the selected tool."
This is a known bug in ArcGIS Desktop version 9.2.
This issue has been fixed in Service Pack 3 and higher. To eliminate the error, download and install one of these service packs. Links to these service pack downloads are located in the Related Information section below.