Definition: Given the Question and Answer pair, detect whether the answer is acceptable or not. Denote acceptable answer as "yes", otherwise denote as "no". An acceptable answer is consistent with the context in question, detailed, long, and uses general knowledge of English. Answers that are not definite and suggest a variety of options are not acceptable answers.
Input: Question: When someone says I stand corrected. What does that mean? 
Answer: It means "I admit that I was wrong". See e.g. Cambridge Dictionaries: used to admit that something you have said or done was wrong I stand corrected - the date of foundation was 1411, and not 1412 as I had written. Or Wiktionary: Said to acknowledge someone who corrects something that one says or writes that was not correct. The Battle of Hastings was fought in 1056. No it wasn't! Look in the textbook! Oh, sorry. I stand corrected - it was fought in 1066. Note that the Cambridge Dictionary marks this idiom as "formal", and Merriam-Webster's Learner's Dictionary as "somewhat formal".

yes