explain the meaning of on index number and its main characteristics​

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   ᴍᴇᴀɴɪɴɢ ᴀɴᴅ ᴄʜᴀʀᴀᴄᴛᴇʀɪsᴛɪᴄs ᴏғ ɪɴᴅᴇx ɴᴜᴍʙᴇʀs. ᴀɴ ɪɴᴅᴇx ɴᴜᴍʙᴇʀ ɪs ᴀ ᴍᴇᴛʜᴏᴅ ᴏғ ᴇᴠᴀʟᴜᴀᴛɪɴɢ ᴠᴀʀɪᴀᴛɪᴏɴs ɪɴ ᴀ ᴠᴀʀɪᴀʙʟᴇ ᴏʀ ɢʀᴏᴜᴘ ᴏғ ᴠᴀʀɪᴀʙʟᴇs ɪɴ ʀᴇɢᴀʀᴅs ᴛᴏ ᴛʜᴇ ɢᴇᴏɢʀᴀᴘʜɪᴄᴀʟ ʟᴏᴄᴀᴛɪᴏɴ, ᴛɪᴍᴇ, ᴀɴᴅ ᴏᴛʜᴇʀ ғᴇᴀᴛᴜʀᴇs. ᴛʜᴇ ʙᴀsᴇ ᴠᴀʟᴜᴇ ᴏғ ᴛʜᴇ ɪɴᴅᴇx ɴᴜᴍʙᴇʀ ɪs ᴜsᴜᴀʟʟʏ 100, ᴡʜɪᴄʜ ɪɴᴅɪᴄᴀᴛᴇs ᴘʀɪᴄᴇ, ᴅᴀᴛᴇ, ᴀ ʟᴇᴠᴇʟ ᴏғ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ, ᴀɴᴅ ᴍᴏʀᴇ.

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