The phrase "incorrect statement" refers to something that is said or written that is not true or accurate. It means that the information given is wrong or not correct. Full definition
By law, insurance companies can not call you and pressure you into buying insurance or make incorrect statements about their products. (moneysmart.gov.au)
I fully understand how politically incorrect this statement is. (karencovy.com)
If you understood simple logic, you would understand how incorrect this statement is. (religion.blogs.cnn.com)