Common Emitter Amplifier Analysis $-$ DC Analysis

Fig. $1.$ A Common Emitter Amplifier w$/$ Voltage Divider Bias.

Determine all of the meter readings, given the transistor has a beta value equal to $50.$ In this case, you may NOT assume that $I_{\text{e}\text{m}\text{i}\text{t}\text{t}\text{e}\text{r}}=I_{\text{c}\text{o}\text{l}\text{l}\text{e}\text{c}\text{t}\text{o}\text{r}}.$ Instead, find alpha and use the appropriate formula to solve for the collector current. Would this be an example of "midpoint biasing"? $($That is$,$ is the collector voltage very nearly Vcc $/2-$ within a volt or so$?)$