What it means....proper setting...don't know!
Color Temperature
Correlated Color Temperature (CCT)
Kelvin
(Term of photometry)
Color temperature is a simplified way to characterize the spectral properties of a light source. While in reality the color of light is determined by how much each point on the spectral curve contributes to its output, the result can still be summarized on a linear scale.
Low color temperature implies warmer (more yellow/red) light while high color temperature implies a colder (more blue) light. Daylight has a rather low color temperature near dawn, and a higher one during the day. Therefore it can be useful to install an electrical lighting system that can supply cooler light to supplement daylight when needed, and fill in with warmer light at night. This also correlates with human feelings towards the warm colors of light coming from candles or an open fireplace at night.
Standard unit for color temperature is Kelvin (K).
(The kelvin unit is the basis of all temperature measurement, starting with 0 K (= -273.16° C) at the absolute zero temperature. The "size" of one kelvin is the same as that of one degree Celsius, and is defined as the fraction 1/273.16 of the thermodynamic temperature of the triple point of water, which positions 0° Celsius at 273.16 K.)
Technically, color temperature refers to the temperature to which one would have to heat a theoretical "black body" source to produce light of the same visual color.
Some typical color temperatures are:
1500 K Candlelight
2680 K 40 W incandescent lamp
3000 K 200 W incandescent lamp
3200 K Sunrise/sunset
3400 K Tungsten lamp
3400 K 1 hour from dusk/dawn
5000-4500 K Xenon lamp/light arc
5500 K Sunny daylight around noon
5500-5600 K Electronic photo flash
6500-7500 K Overcast sky
9000-12000 K Blue sky
this information was cut and paste from:
http://www.schorsch.com/kbase/glossary/cct.html