How can error reporting settings in PHP, such as E_ALL, help developers identify and address syntax errors and potential bugs in their code more effectively?

Error reporting settings in PHP, such as E_ALL, help developers identify and address syntax errors and potential bugs in their code more effectively by displaying all types of errors, warnings, and notices. This allows developers to catch issues early on during development and ensure that their code is functioning correctly.

// Set error reporting to display all types of errors
error_reporting(E_ALL);