The video tutorial explains how to create a method in programming that accepts parameters, allowing for dynamic input. It demonstrates the process of implementing and testing the method with different parameters, such as printing multiplication tables for various numbers. The concept of method overloading is introduced, where two methods with the same name but different parameters are created. This allows for default values and flexibility in method usage. The tutorial concludes by encouraging viewers to share and use the method with others.

Describe the significance of using variables instead of literals in the method.

How can the method 'print multiplication table' be used with different parameters?