To do Alt + M Q S on Mac in Excel, download and install Accelerator Keys, then press Option, followed by M, Q, S.
Command: Statistical Functions Submenu
This is how to do Alt + M Q S on Mac in Excel with Accelerator Keys, the native ribbon and alt key shortcut solution for Mac users who get more done with Excel.
Alt + M Q S opens the Statistical functions submenu from More Functions. This category contains functions for statistical analysis including AVERAGE, STDEV, VAR, CORREL, PERCENTILE, RANK, and many other functions for data analysis and probability calculations.