What role does the SET CHARACTER SET "latin1" command play in resolving character encoding issues in PHP?

Character encoding issues can arise in PHP when different character sets are used in the database and the PHP script. To resolve this, the SET CHARACTER SET "latin1" command can be used to specify the character set to be used in the database connection. This ensures that data is stored and retrieved using the same character set, preventing encoding issues.

// Establish a connection to the database with the character set specified as "latin1"
$connection = new mysqli($servername, $username, $password, $dbname);
$connection->set_charset("latin1");

// Perform queries and data retrieval using the established connection