Consider a pipe open at both ends, which has a fundamental frequency \( f \) in air. The fundamental frequency of a pipe open at both ends is given by the equation:
\[ f = \frac{v}{2L} \]
where \( v \) is the speed of sound in air, and \( L \) is the length of the pipe.
When the pipe is dipped in water to half its length, it becomes a closed pipe (one end is closed) with a new effective length \( \frac{L}{2} \). The fundamental frequency of a closed pipe is given by:
\[ f' = \frac{v}{4L'} \]
Substituting the effective length \( L' = \frac{L}{2} \) into the equation:
\[ f' = \frac{v}{4 \times \frac{L}{2}} = \frac{v}{2L} = f \]
Thus, the fundamental frequency of the air column in the pipe when it is dipped to half its length in water is the same as the original frequency \( f \).
Therefore, the correct answer is \( f \).