Potentiometers are very useful in changing the electrical parameters of a system. It is a single turn 5K Potentiometer with a rotating knob. These potentiometers are also commonly called as a rotary potentiometer or just POT in short. These three-terminal devices can be used to vary the resistance between 0 to 10k ohms by simply rotating the knob. A potentiometer knob can also be used along with this POT for aesthetic purposes.
Specifications
Product Description

You would have to connect it to a voltage supply at the above mentioned pin and connect ground to GND pin and take the output from the middle pin as shown in the figure above.
Package Contents
1× 5K Ohm single 3 pin potentiometer
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