t-Butyl bromide is a tertiary alkyl halide ((CH$_3$)$_3$C-Br).
NaOH is a strong nucleophile (OH$^-$) and a strong base.
The reaction of a tertiary alkyl halide with a nucleophile/base can proceed via S$_N$1 (substitution, nucleophilic, unimolecular) or E1 (elimination, unimolecular) mechanisms, or S$_N$2/E2 if conditions are very specific (which is less common for tertiary substrates due to steric hindrance).
In water, which is a polar protic solvent, S$_N$1 and E1 pathways are favored for tertiary substrates.
S$_N$1/E1 Mechanism:
The first step in both S$_N$1 and E1 mechanisms is the formation of a carbocation, which is the rate-determining step (slow step).
(CH$_3$)$_3$C-Br $\xrightarrow{\text{slow}}$ (CH$_3$)$_3$C$^+$ + Br$^-$
This step involves only the alkyl halide (t-butyl bromide).
The rate of this step, and thus the overall rate of the S$_N$1/E1 reaction, depends only on the concentration of the alkyl halide.
Rate = $k$[t-butyl bromide]
The carbocation ((CH$_3$)$_3$C$^+$) then reacts rapidly with the nucleophile (OH$^-$ or H$_2$O for S$_N$1) or a base abstracts a proton (OH$^-$ or H$_2$O for E1).
\begin{itemize}
\item S$_N$1 product: (CH$_3$)$_3$C-OH (t-butyl alcohol)
\item E1 product: (CH$_3$)$_2$C=CH$_2$ (isobutylene or 2-methylpropene)
\end{itemize}
Since the concentration of NaOH (or OH$^-_~{\text{aq}}$) does not appear in the rate equation for the rate-determining step of S$_N$1/E1, the rate of reaction depends only on the concentration of t-butyl bromide.
S$_N$2/E2 Mechanism:
S$_N$2 reactions are highly disfavored for tertiary alkyl halides due to steric hindrance at the reaction center.
E2 reactions are possible for tertiary alkyl halides with strong, bulky bases, especially in non-polar solvents or at high temperatures. However, NaOH in water (polar protic solvent) would favor S$_N$1/E1 for a tertiary substrate. If E2 were to occur, its rate would be: Rate = $k$[t-butyl bromide][NaOH].
Given the substrate (tertiary alkyl halide) and the solvent (water, polar protic), the S$_N$1/E1 pathways are dominant.
Therefore, the rate of the reaction depends on the concentration of t-butyl bromide only.
\[ \boxed{\text{t-butyl bromide}} \]