From the 80287 datasheet:
CKM - CLOCK MODE SIGNAL:
Indicates whether CLK input is to be divided by 3 or used directly. A HIGH input will select the latter option. This input may be connected to VCC or VSS as appropriate. This input must be either HIGH or LOW 20 CLK cycles before RESET goes LOW
So, yeah. I wouldn't touch that jumper unless you specifically find some fault in how it's configured now.
The 80287 was sort of a weird beast. The original version basically uses the exact same core as the 8087 designed to pair with the 8086/88 and was limited to lower effective CPU clocks than the 286; by default (IE, with CKM not connected to VCC) it divides the input clock by 3 to run an effective 2/3rds as fast as the main CPU. (The 286 normally divides its input clock in half, IE, an 8mhz 286 is fed with a 16mhz clock.) The CKM pin is there to allow a 287 with a different speed rating to be clocked at some other arbitrary speed with the help of an external clock generator. (The 287 runs asynchronously from the 286, including bus requests, so they can be clocked substantially differently from each other.) Again, I wouldn't try just sticking a jumper on there without knowing exactly how this is implemented on the Mac286 board. (IE, what the effective clock will be if you move the jumper to the other position.) Overclocking a '287 can kill it, the older ones in particular didn't have much headroom.