This document compares three image compression algorithms: discrete cosine transform (DCT), discrete wavelet transform (DWT), and a hybrid DCT-DWT technique. It finds that the hybrid technique generally performs better in terms of peak signal-to-noise ratio, mean squared error, and compression ratio. The document provides background on each technique and evaluates their performance based on common metrics like PSNR and MSE. It also reviews related work comparing DCT and DWT that found DWT more efficient but slower. The experimental results in this study show that the hybrid DCT-DWT technique provides better performance than either technique individually.