The correct answer is $\frac{D}{2}$.
The hydraulic mean depth is defined as the ratio of the cross-sectional area of the flow to the wetted perimeter. In this case, the cross-sectional area is a right triangle with base $D$ and height $2D\sin\theta$. The wetted perimeter is the sum of the length of the base and the length of the two sides, which is $2D+2D\cos\theta$. Therefore, the hydraulic mean depth is
$$\frac{A}{P} = \frac{\frac{1}{2}D^2\sin^2\theta + D^2\cos^2\theta}{2D+2D\cos\theta} = \frac{D}{2}.$$
Option A is incorrect because it is the radius of the circular bottom of the canal, which is not the hydraulic mean depth. Option B is incorrect because it is half of the hydraulic mean depth. Option C is incorrect because it is one-third of the hydraulic mean depth. Option D is incorrect because it is one-fourth of the hydraulic mean depth. Option E is incorrect because it is one-fifth of the hydraulic mean depth.