Yes as it control the dirctions of the rocket.
by water being placed into the bottle and then, when you launch your rocket, the rocket will spin (if it has at least 2 fins) and the water will spurt out and make the rocket go higher in the air. (Tip:the more it spins,the higher it will fly)
Fins are used to help keep a rocket stable. The only way to find out if more fins will make it more stable is by testing it.
Derelict
3 are sufficient. Adding more will just create atmospheric drag and slow the rocket down.
There are several materials you can use. Plastic assignment folders make an excellent fin because they are light weight and more durable than paper. Corriflute (Correx) is also a great material as it to is sturdy. (i am assuming you are building a 2 liter water bottle rocket) Avoid using paper and card board as the water can damage the fins making them anti-productive.
Two fins - placed exactly opposite each other - will still allow the rocket to 'wobble'. Three (or more) fins equally spaced provide stability.
You can by making the bottle more aerodynamic. Try adding a paper cone taped to the bottom (top in situ) of the bottle.
it would have more control.
A longer, skinnier bottle works better than a shorter, fatter one because the increased length makes the rocket more stable and moves the center of gravity away from the nozzle and fins. A 2 liter soda bottle is ideal since they are strong (they can usually withstand up to 30 psi) and lightweight.
It depends on a lot of stuffs like how much do you want your rocket to be stabile. But at least it must be 3. For example for the same stability you may have 3 fins that have large surface area or 4 which is smaller or more. When you increase the number of fins with the same surface area then the drag will increase because of the surface friction so 3 or 4 fins are generally used but there is no certain limit of the number of fins .
The further forward rocket fins are, the more they tend to steer it. You could mount fins at the front, but they would have to be incredibly straight and parallel for your rocket to fly straight.One of the worlds most famous anti aircraft missiles, the Sidewinder, has 4 small steering fins near it's nose. While it was being developed they found if these fins moved too quickly the main tube would actually twist and destroy itself !
They wiggle their fins and go forwards? It's not rocket science. More... aquadynamics?