The format() method in Python is used to format strings, by replacing placeholders in a string with values specified in the method call. The method is called on a string, and takes one or more arguments that specify the values to be inserted into the string.

        The general syntax of the format() method is as follows:

string.format(value1, value2, ...)

        Here, string is the string that will be formatted, and value1, value2, etc. are the values that will be inserted into the string.

        For example, the following code uses the format() method to insert values into a string containing placeholders:

name = "John"
age = 30
print("My name is {} and I am {} years old.".format(name, age))

        In this example, the format() method is called on the string "My name is {} and I am {} years old.", with the variables name and age specified as the arguments.

        The format() method allows you to create formatted strings, by specifying placeholders in the string that will be replaced with values at runtime. The placeholders can be specified using different formats, allowing you to control the formatting of the values that are inserted into the string.