Yes, 1995 to 1997 still had the gear drive but without speedometer cable hooked up
Around 1986 Rangers started to get the speedometer cable drive WITH VSS(vehicle speed sensor) added, seen here:
https://www.therangerstation.com/tech_library/images/speedsensor.gif
The VSS signal was used for the computer, and eventually Cruise control and automatic trans shifting
Rangers lost speedometer cable after 1994, but Ford used the same unit up thru 1997, just has an open space where cable could go
So up thru 1997 speed calibration was done manually by changing Driven Gears
After that speed calibration was done by software
In 1998 Rangers didn't have a "speed VSS", in 1998-2000 Rangers used the rear axle ABS sensor, also a VSS, for ABS and Speed, but the rear axle VSS has the wrong Pulse Per Mile(PPM) for a "speed" signal, Ford uses 8,000ppm
So there was software added to the GEM module to calibrate rear axle PPM to 8,000ppm
1998-2000 GEM is programmable for tire size, axle ratio doesn't matter because signal is after the ratio, VSS counts axle rotations not drive shaft rotations, so only tire size matters
2001 Rangers got the OSS(output shaft speed) sensor, always on the transmission, 2wd or 4x4, so transfer cases didn't have "speed sensors" holes from 1998 and up
OSS only goes to the computer, and then computer has the axle ratio and stock tires size to calculate the correct 8,000ppm signal and sends that out to speedo/odo and cruise
4low speed change is done in the computer as well, it does the ratio conversion for low range when the 4x4 Controller "tells it" transfer case is in 4L
Computer is programmable for axle ratios and tire size