Yes. They are two separate apps on your system, each with its own data, and installing one doesn't affect the other. The same goes for phones.
Can I install the beta and the stable release at the same time
Yes, and they don't affect each other.
Yes, and they don't affect each other.
Yes. They are two separate apps on your system, each with its own data, and installing one doesn't affect the other. The same goes for phones.