Leave other options as they are. You may notice that type of project is set to 'Console Application'. Our first program will be a console application. Click on Create WEdit can create a basic application skeleton for you, so that you don't have to write it manually every time you start a new project. In our simple console application WEdit will create source file hello.c and put some useful code in it.
Next dialog allows to modify other projects properties.
We do not have to change anything for our project. You do not have to change anything for your 'Hello World' project. Click on Next buttons and on the Finish button on the last page. Now you see contents of file hello.c, which was generated by the application skeleton feature of WEdit. If you already know something about C programming, you'll quickly see that upon execution, program looks for number of command line arguments it was invoked with.