Final answer:
To model the monthly amount of water in the tank under drought conditions, the equation y = 680x + 12,120 needs to be adjusted. The new equation is y = 170x + 12,120, with a slower increase in water over time.
Step-by-step explanation:
To adapt the equation y = 680x + 12,120 to model the monthly amount of water in the tank under drought conditions, we need to consider that the rate at which water flows into the tank each month is one-fourth of the projected amount. This means that the slope of the new line of best fit will be one-fourth of the slope of the original equation. However, the y-intercept remains the same. Hence, the equation of the line of best fit under drought conditions is y = 170x + 12,120.
The graph of the projected model, y = 680x + 12,120, will have a steeper slope compared to the graph of the line of best fit under drought conditions, y = 170x + 12,120. The new graph will show a slower increase in the amount of water in the tank over time.