Hi,
Yes, it is possible to get this result.
Please create a Table in Excel file first, then save it. Now please open a Word file and go to- Insert- Object- select Create from File and please make sure check Link to file option as shown in the following figure:

Now you can get the result you want between Word and Excel. If you want to update in Word after typing data in Excel, please right the Table in Word and select update link.
Hope it's helpful.
Regards,
Emi Zhang
TechNet Community Support
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