Intake Air Temperature (IAT) Sensor
WARNING: This page is about a different car, the 2010 Ford Pickup, 2010 Ford F550 Super Duty, 2010 Ford F450 Super Duty, and 2010 Ford Cab & Chassis. However, it is still accessible from the selected car via links, so may be relevant.
The IAT sensor is a thermistor which changes resistance as temperature changes. The resistance of the sensor decreases as the air temperature increases. The IAT provides air temperature information to the PCM which is used to determine transmission line pressure and shift scheduling.