it's possible yes...
Code:
linux:~ # mdadm --create /dev/md1 --level=1 --raid-devices=2 /dev/sdb1 missing
mdadm: array /dev/md1 started.
for example. now this is assuming that this is not for the core install, but an additional drive. if you needed to install into to a brand new degraded array, then if the installer for your distro doesn't let you, I am fairly confident that if you use any old live cd, probably including the install cd above, then you can manually create it a la the mdadm command above still, and any good installer should recognise it's existance during a normal install.