Explanation:
Project Type: Classification
Classification Type: Multiclass (Single tag per image)
Since each image contains either a cat or a dog, you need to classify each image into a single category. The Classification project type is appropriate because it assigns labels to entire images rather than detecting multiple objects within an image.
For Classification Type, selecting Multiclass (Single tag per image) ensures that each image is assigned only one label: either "cat" or "dog." Multilabel (Multiple tags per image) would be used if an image could contain both a cat and a dog, which is not the case here.