To observe the information that the sensor is giving the computer use the electronic odometer test mode trick to see if the temp information makes sense. You'll have to familiarize yourself with temps in C, but that won't take too long.
To get into odometer test mode: Key off, press and hold the trip reset button, turn key ON, wait for the gauges to jump and odometer readout to change to [test], then release the trip reset button. Now each time you press and release the odo reset button you will scroll through one of 30 test modes. You're looking for one that reads [15 C] or whatever your ambient temp, or what makes sense that it's your car's engine temp at the time. 15C, for example, is around 60F. The thermostat opens around 94C, and the engine temp should hover right under 100C. If the thermostat is working then you'll see the temps drop after the first time you run into that temp. Now if your temp sensor isn't working correctly you might see some crazy temp jumps like 95C to 200C which would be close to 400F- way hotter than any coolant should ever get. In that case, I'd assume the temp sensor was bad. Even if it showed 150C which is around 300F- that's still much hotter than rubber parts can handle and it doesn't seem possible that the engine could actually be running that hot without something being damaged immediately.
In the future, please give us your engine type, SOHC or DOHC, mileage, transmission, and as much information about the vehicle as possible