How to use <apex:outputText>  in Visualforce Page?

<apex:outputText> :

Displays text on a Visualforce page. You can customize the appearance of < apex:outputText > using CSS styles, in which case the generated text is wrapped in an HTML < span > tag. You can also escape the rendered text if it contains sensitive HTML and XML characters. This component does take localization into account. 

This tag supports following attributes:

Attribute	Description
dir	The direction in which the generated HTML component is read. Possible values include "RTL" (right to left) or "LTR" (left to right).
escape	A Boolean value that specifies whether sensitive HTML and XML characters should be escaped in the HTML output generated by this component. If you do not specify escape="false", the character escape sequence displays as written. Be aware that setting this value to "false" may be a security risk because it allows arbitrary content, including JavaScript, that could be used in a malicious manner.
id	An identifier that allows the outputText component to be referenced by other components in the page.
label	A text value that allows to display a label next to the output text
lang	The base language for the generated HTML output, for example, "en" or "en-US".
rendered	A Boolean value that specifies whether the component is rendered on the page. If not specified, this value defaults to true.
style	The style used to display the outputText component, used primarily for adding inline CSS styles.
styleClass	The style class used to display the outputText component, used primarily to designate which CSS styles are applied when using an external CSS stylesheet.
title	The text to display as a tooltip when the user's mouse pointer hovers over this component.
value	The text displayed when this component is rendered. This value supports the same syntax as the MessageFormat class in Java. For more information on the MessageFormat class.

Visualforce Example:

<apex:page >
<apex:outputText style="font-style:italic" value="This is {0} text with {1}.">
<apex:param value="my"/>
 <apex:param value="arguments"/>
 </apex:outputText>
 </apex:page>