No. unless you can get the OEM installation CD/DVD

For the big OEM customers, Microsoft gives them special OEM installation CD/DVD.  SN is not required during the installation.  It is set by a special program by the worker later, when stickers are attached.  The stickers and SN do not work with any retail Windows Installation CD/DVD.  If it is a big OEM customers, such as Lenovo and HP, their sticker and SN even do not work with OEM Cd/Dvd from other manufactures.

I bought a second hand HP desktop with windows SN sticker.  I tried both retail CD, OEM CD from another computer.  They never works for me.