Amplitude modulation (AM) varies the amplitude of a carrier wave based on the instantaneous amplitude of a message signal. In AM, the frequency and phase of the carrier wave remain constant while the amplitude is varied by the message signal. The modulation index, m, indicates the degree of modulation and is defined as the ratio of the amplitude of the message signal to the carrier amplitude. An AM signal produces a carrier wave along with upper and lower sideband frequencies that contain the message information.