What is a Jitter Analyzer?

Seen this in a thrift store. I don't think it is for audio.
Anyone know what this is used for?
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Yes error flags. How would you count jitter anyway?
There were two flags: error correction and error concealment.
Routinely, the error correction flag would flash thousands of time on a single play, indicating read errors that were 100% repaired.
It was also routine that you could play hundreds of CDs without the error concealment flag, indicating unrepairable errors, flash even once.

Jan