Is this good, bad or average for everyone else? As a statistic, it takes me about 8 clicks to earn $1. It would be interesting what others post as their statistic just for comparison.
Depends on your niche/keywords... $0.125 per click is pretty good. Now you just need to improve your traffic & CTR and you are doing fine
You can't base anything on two clicks, you need to base your research on a lot more. You could have two clicks which earn just a couple of cents, then the next two clicks could earn several dollars. My best ever day averaged out at $0.40c per click, today's average (so far) is running at $0.44c per click (it will change as the day goes on), but my 'all time' average is $0.33c per click. Go to your "Advanced Reports" and display "All Time", then divide your total earnings by the total number of clicks to get a true avarage. Come back and tell us what the all time average is.