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Shutterspeeds are expressed in fractions of seconds, typically as (approximate) multiples of 1/2, so that each higher shutterspeed halves the exposure
The optimal shutterspeed depends on the situation. A useful rule of thumb is to shoot with a shutterspeed above 1/(focal length) to avoid blurring due to camera shake. Below that speed a tripod or image stabilization is needed. If you want to “freeze” action, e.g. in sports photography, you will typically need shutterspeeds of 1/250s or more. But not all action shots need high shutterspeeds. For instance, keeping a moving car in the center of the viewfinder by panning your camera at the same speed of the car allows for lower shutterspeeds and has the benefit of creating a background with a motion blur.
Prosumer and professional cameras provide shutter priority exposure mode, allowing you to vary the shutterspeed while keeping exposure constant.
source from: Vincent Bockaert (author of The 123 of digital imaging Interactive Learning Suite)
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