It was suggested that the prominent feature of the optical Fe ii emission has a connection with the accretion process in active galactic nuclei (AGN). For a large sample of 4037 quasars (z < 0.8) with measured H
β line dispersion (σ
Hβ
) selected from the Sloan Digital Sky Survey (SDSS) and 120 compiled reverberation-mapped (RM) AGN, we use σ
Hβ
and the extended R
BLR(Hβ)−L
5100 relation to calculate supermassive black holes masses (M
BH) from the single-epoch spectra for the SDSS subsample, and σ
Hβ
from the mean spectra for the RM subsample. We find a strong correlation between the relative optical Fe ii strength R
Fe and the dimensionless accretion rate
M
̇
for the SDSS subsample with the Spearman correlation coefficient r
s
of 0.727, which is consistent with that derived from the mean spectra for the RM subsample. The magnitude of velocity shift of the optical Fe ii emission has a strong anticorrelation with
M
̇
, whenever there is inflow or outflow. These strong correlations show that the optical Fe ii emission has an intimate connection with the accretion process. Assuming that the difference of M
BH is due to the variable virial factor f for adopting FWHM
H
β
as the velocity tracer, we find that there is a relation between f and FWHM
H
β
,
log
f
=
−
(
0.41
±
0.002
)
logFWHM
H
β
+
(
1.719
±
0.009
)
for the single-epoch spectrum. The relation between
log
f
and σ
Hβ
is not too strong, suggesting that σ
Hβ
does not seem to depend much on the broad-line region inclination and a constant σ-based f is suitable for σ
Hβ
as the velocity tracer.