This problem involves a right-angled triangle formed by the ladder, the wall, and the ground. We can use the Pythagorean theorem to find the unknown horizontal distance.
According to the Pythagorean theorem: $D^2 + H^2 = L^2$
We need to find $D$. Rearranging the formula:
$D^2 = L^2 - H^2$
Substitute the given values:
$D^2 = (2)^2 - (1.75)^2$
$D^2 = 4 - 3.0625$
$D^2 = 0.9375$
Now, take the square root to find $D$:
$D = \sqrt{0.9375}$
We need to estimate the value of $\sqrt{0.9375}$.
Therefore, the largest possible horizontal distance $D$ is approximately $0.9682\text{ m}$, which is slightly less than $1\text{ m}$.
The correct option is the one describing a distance slightly less than $1\text{ m}$.