Convert mxf to mpg

What is the difference between .mxf and .mpg?

Description: Multimedia format used by digital audio and video programs; contains captured audio and video data as well as metadata that describes the media stored in the file; designed by Society of Motion Picture and Television Engineers (SMPTE) as a standard container for audio and video data; can be converted into other formats, such as .AVI or .MOV.; The MPG file format, short for MPEG Video, stands for Moving Picture Experts Group Video. It is a popular video file format standardized by the MPEG group, which is known for developing video and audio encoding standards. MPG files are compressed using either MPEG-1 or MPEG-2 compression, making them suitable for storing video data in a compressed form without significantly sacrificing quality. This format is widely used for creating movies that are distributed over the internet due to its good balance between file size and video quality.