Hello. Before anyone say it - yes, I am a noob. lol.

My p1 speed test is download 1119kbps and upload is 142kbps on the p1 website.

Is this good?

And that is 1119 kilo bits per sec right? So, it's 1.1mega bits per sec, correct?

When is it bits and when is it bytes? I think 1 byte is 8 bits? But when people talk about speed is it bits or bytes?

Thanks for helping the noob.