What is the significance of denominations in the coin change problem?

  • They denote the weight of each coin.
  • They indicate the rarity of each coin.
  • They represent the quantity of each coin available.
  • They signify the value of each coin.
In the coin change problem, denominations represent the value of each coin. Solving the problem involves finding the number of ways to make a certain amount using various coin denominations.
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