I go with the open, honest and blunt approach. To that end, I think that your, "Sorry about that, I meant to say...", approach is perfectly fine; and in all honesty it is preferable from a management standpoint. However, I don't know any specifics.
Read the room, as they say. Just don't go nuts with trying to bury your mistakes. State them openly to your superior; own them and move on.
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