If you just want to see if it is sparking:
Get a friend
Unhook the wire from the plug
Put a bolt in the end of the wire
Prop it up near something metal - not touching, but near.
You, or the friend, go and try to crank the engine. If you see a spark, then it is working.
Then, like fordconvert mentioned, you can test the resistance, voltage, all that stuff. Or, just get a new one.