The number, such as 98.7 FM, of a radio station represents:
<u>the frequency in which is transmitted the radio signal</u>.
Explanation:
<em>The radio FM is the modulated frequency, which means that all the information is sent by just a signal, with different frequencies which difference them</em>, <u>the radio FM use the frequencies from 88 MHz until 108 Mhz (MHz is a measuring unit for the frequency), with a minimal space among them of 0.2 MHz</u>, this last means that you could find a signal in 88.0 MHz, and the next should be 88.2 MHz, next 88.4 MHz and so (at least, regularly the space between two frequencies is more than 0.2 MHz).