How can the user modify the code to display URLs as hyperlinks in PHP?

To display URLs as hyperlinks in PHP, the user can modify the code by using the `preg_replace` function to search for URLs in the text and replace them with `<a>` tags. The regular expression pattern used in `preg_replace` should match URLs in the text. The replacement string should contain the matched URL wrapped in an `<a>` tag with the URL as the `href` attribute.

&lt;?php
$text = &quot;Check out this website: https://www.example.com&quot;;
$pattern = &#039;/(https?:\/\/\S+)/&#039;;
$replacement = &#039;&lt;a href=&quot;$1&quot;&gt;$1&lt;/a&gt;&#039;;
echo preg_replace($pattern, $replacement, $text);
?&gt;