Is PNG or JPEG better quality?

Related questions

1. Which format has the best image quality?
2. What is an EPS file used for?
3. Can Inkscape edit EPS files?
4. Is JPEG lossy or lossless?
5. Is zamzar safe to use?
6. What's an EPS file?
7. What is the best format for vector image?
8. Why are EPS files used?
9. Is PNG scalable?
10. What does it mean to vectorize an image?

Tags

1. #makes
2. #iconic
3. #lossless
4. #graphics
5. #better
6. #drawings
7. #photographs
8. #useful
9. #compressed
10. #format
11. #storing
12. #because
13. #lossy
14. #smaller
15. #choices