One reason for numbering things like figures and equations is to refer the reader to them, as in "See Figure 3 for more details."
For example
  \begin{equation}
  \label{eqno1}
    c \geq \sqrt{a^2+b^2+1}
  \end{equation}
  .... intervening text ...
  From Eq.~(\ref{eqno1}) we see ...
Assuming that this is the first equation,
the last line will produce "From Eq. (1) we see ..." Note the
use of the ~ 
to ensure that there is no line break  between "Eq." and "(1)."
Also note that the \ref command produces only the number;
if you want the number to be in parentheses (as shown here) you have
to include them in your text.