Theory of Operation
WARNING: This page is about a different car, the 2011 RAM Cab & Chassis. However, it is still accessible from the selected car via links, so may be relevant.
The engine coolant temperature sensor is a negative temperature coefficient thermistor-type sensor whose resistance varies inversely with temperature. At cold temperatures the sensor resistance is high so the voltage is high. As the coolant temperature increases the resistance decreases and the voltage becomes low.