hi, no it will not. the above sensor only tells the computer its information. btw, your computer is behind pass side kick panel. Hope that it is good, or no amount of sensors will make your car run well. Afaik, that (82) computer is no longer available, but if it hasn't been messed with, should be OK. The temperature sensor for the gauge inside is located at the rear drivers side of the head, should have a green/purple wire with a bullet connector on it. Those are still available. Standard #TS219, or equivalent, at any parts store.
BTW, if you plan on keeping this car, I HIGHLY recommend you purchase a TSM, available on ebay for small $$. good luck, gz