立岡です。

バージョンが違うのではないかとエラーがでてますね。
下記の結果はどうなりますか？

mysql> show variables like '%version%';

または

mysql> select version();


> mysql> CREATE LOGFILE GROUP lg_1
>     ->     ADD UNDOFILE 'undo_1.dat'
>     ->     INITIAL_SIZE 16M
>     ->     UNDO_BUFFER_SIZE 2M
>     ->     ENGINE NDB;
> ERROR 1064 (42000): You have an error in your SQL syntax; check the
> manual that corresponds to your MySQL server version for the right
> syntax to use near '16M
>     UNDO_BUFFER_SIZE 2M
>     ENGINE NDB' at line 3
> 
>  show warnings\G
> *************************** 1. row ***************************
>   Level: Error
>    Code: 1064
> Message: You have an error in your SQL syntax; check the manual that
> corresponds to your MySQL server version for the right syntax to use
> near '16M
>     UNDO_BUFFER_SIZE 2M
>     ENGINE NDB' at line 3
> 1 row in set (0.00 sec)