Here's a blurb from the reprap wiki
Thermistors used in RepRap machines are typically 100Kohm at 25C Negative Temperature Coefficient (NTC) temperature sensitive resistors. Basic troubleshooting of a thermistor is to measure its resistance at room temperature, and compare it to the rated 100K resistance. If it is significantly smaller there may be some sort of short. If significantly larger, it make be an open circuit.
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reprap.org]
You should just set the meter to resistance (ohms) and put one lead on each leg of the thermistor. If you get open or a short it's bad. If it's good the resistance should change with temperature.
If you need more info on using the meter maybe post a model or a picture of the meter. If it's a digital one it should be pretty simple to just measure resistance.
Newbie with Folgertech 2020 i3.