YUM install Failed : [Errno 14] HTTP/HTTPS Error 404

When trying to install package using yum , yum failed with following errors:

YUM install Failed : [Errno 14] HTTP/HTTPS Error 404

Solution:

1. Check your system is connected to the internet.
2. Try to clear cache on system:

yum clean all
rm -rf /var/cache/yum/*

3.  If you have a proxy server, validate it is configured properly in /etc/yum.conf.

proxy=http://proxy.example.com:8825
proxy_username=<proxy-user>
proxy_password=<proxy-password>