Where is the camshaft position sensor located on a 1995 Ford Ranger?

The camshaft position sensor (CMP sensor) on a 1995 Ford Ranger is located on the distributor. Since the 1995 Ranger likely has a distributor-based ignition system (though some might have a coil-on-plug system depending on engine), the CMP sensor is integrated into the distributor itself. You won't find a separate CMP sensor like you would on many later vehicles. Therefore, you'll need to replace the whole distributor if the CMP sensor is faulty.