How Do You Troubleshoot the Error Message “libQt5svg.so.5 cannot open”?

Problem scenario
You try to run obs (Open Broadcaster Studio Software) on Fedora, but you get a message like this:

/var/lib/snapd/snap/obs-studio/1195/usr/bin/obs: error while loading shared libraries: libQt5Svg.so.5: cannot open shared object file: No such file or directory

What should you do?

Solution
Run this command:

sudo dnf install qt5-qtsvg