The Universal Coefficient Theorem provides a relationship between homology groups with different coefficients, allowing for the computation of homology groups in a more flexible way. It essentially states that the homology groups of a space can be expressed in terms of its singular homology with integer coefficients and its group of coefficients, facilitating the transition between different coefficient systems. This theorem plays an essential role in linking algebraic topology to various other areas, including K-theory and spectral sequences.
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