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About Indexes. Indexes are optional structures associated with tables and clusters that allow SQL statements to execute more quickly against a table. Just as the index in this manual helps you locate information faster than if there were no index, an Oracle Database index provides a faster access path to table data.
An index is a formula for measuring changes in a basket of stocks against a base date and value. An example of an average would be the famous Dow Jones Industrial Average, consisting of 30 blue chip stocks - that is, the stocks that most consistently return value to shareholders.